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XRO - Xero News Story

A$113.17 -2.7  -2.4%

Last Trade - 05/03/21

Sector
Technology
Size
Large Cap
Market Cap £8.90bn
Enterprise Value £8.87bn
Revenue £408.5m
Position in Universe 30th / 1857

BUZZ-Australia's technology stocks notch best day in over 5 months

Thu 14th January, 2021 4:32am
** Afterpay  APT.AX  lifts tech stocks  .AXIJ  up as much as
4.3%, the index's best day since Aug. 4
    ** The buy-now-pay-later (BNPL) leader APT jumps as much as
8.8% supported by Affirm Holdings'  AFRM.O  stellar debut on the
Nasdaq on Wednesday  urn:newsml:reuters.com:*:nL4N2JP0MK
    ** Hopes of hefty stimulus, potentially in the trillions,
also kept investor sentiment elevated
    ** Logistics software firm WiseTech Global  WTC.AX  climbs
nearly 4%, while accounting software firm Xero Ltd  XRO.AX 
rises as much as 3%
    ** Tech stocks are outperforming the benchmark ASX 200 index
 .AXJO , which is up as much as 0.6%
    
    


 (Reporting by Riya Sharma in Bengaluru)
 ((Riya.Sharma@thomsonreuters.com;))
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