Australian tech stocks track Wall Street peers lower, slip to one-month low

WiseTech Global

13/05/2026 01:34

** Shares of Australian tech stocks .AXIJ fall as much as 1.7%, hitting their lowest level of April 16
** Sub-index tracks its Wall Street peers lower, as hotter-than-expected U.S. inflation data and an increasingly tenuous U.S.-Iran ceasefire prompted investors to take money off the table .N

** Sector giant WiseTech Global WTC.AX falls as much 5%, hitting its lowest level since April 13

** AXIJ down over 20% this year, including the day's move

 (Reporting by Rajasik Mukherjee in Bengaluru)

 ((Rajasik.Mukherjee@thomsonreuters.com))