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A$113.17 -2.7  -2.4%

Last Trade - 5:10am

Sector
Technology
Size
Large Cap
Market Cap £9.14bn
Enterprise Value £9.10bn
Revenue £410.0m
Position in Universe 29th / 1847

BUZZ-Aussie tech stocks hit over 1-month low tracking U.S. peers

Wed 13th January, 2021 3:34am
** Australian tech stocks  .AXIJ  on track to end a third
straight day in the red, falling up to 2.2% to their lowest
since Dec. 4
    ** Sub-Index tracks losses in U.S. peers, brought down by
social media cos including Twitter  TWTR.N  and Facebook  FB.O 
after they banned President Donald Trump from their platforms
last Friday  urn:newsml:reuters.com:*:nL1N2JN2DW urn:newsml:reuters.com:*:nL1N2JM25C
    ** Software firm  Altium  ALU.AX  is top drag on the index
after a downbeat trading update on Jan. 12, extends falls to a
7th session and slumps up to 6.4% to hit lowest since April 6
 urn:newsml:reuters.com:*:nL4N2JM44G
    ** Afterpay  APT.AX  and Xero  XRO.AX  lose as much as 3.9%
and 3%, respectively; both set for third straight day of losses
    ** AXIJ down ~7% so far in 2021

 (Reporting by Arundhati Dutta in Bengaluru)
 ((arundhati.dutta@thomsonreuters.com;))
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