Australian tech stocks track Wall Street losses to hit more than 2-week low
14/07/2026 02:02
BUZZ-Australian tech stocks track Wall Street losses to hit more than 2-week low ** Australian technology stocks .AXIJ fall as much as 1.3%, while the broader benchmark .AXJO trades down 0.5%
** Sub-index hits lowest level since June 26
** Tech-heavy Nasdaq Composite .IXIC ended lower overnight after U.S. President Donald Trump announced that he would reinstate a blockade on Iranian ports, dampening risk appetite .N
** Index constituents Xero XRO.AX and TechnologyOne TNE.AX fall as much as 2.5% and 1%, respectively
** YTD, AXIJ down 18.7% including the day's moves, underperforming AXJO's 0.7% rise
(Reporting by Nikita Maria Jino in Bengaluru)
Recent news on TECHNOLOGY ONE
See all newsMorningstar says Australia's TechnologyOne rally overstates long-term growth outlook
Australian tech stocks set for best day in three weeks, tracking Nasdaq gains
Australian tech stocks track Wall Street lower; hit one-month low
Australian tech stocks track Wall Street losses, hit near one-month low
Brief: TechnologyOne Ltd Says Pacific Custodians To Buy 1.4 Million TNE Shares On Market