Australia's tech stocks slide, tracking losses on Wall Street

WiseTech Global

11/03/2026 23:28

** Australian tech stocks .AXIJ fall as much as 3.1%, its lowest level in a week

** Sub-index on track to log its second consecutive session of losses, if current trend holds

** Dow Jones Industrial Average .DJI fell 0.61%, steepest among three major tech-heavy U.S. equity indexes, amid tug-of-war over oil supply concerns

** Software co WiseTech Global WTC.AX down as much as 4.8%, data centre operator NEXTDC NXT.AX falls as much as 1.9%

** Sub-index down 21.3% YTD

 (Reporting by Aamir Sheik Khalid in Bengaluru)

 ((Aamir.SheikKhalid@thomsonreuters.com))