BUZZ-Australia's tech stocks touch 2-week high, set for best month since January 2022

Reuters
Nov 28
BUZZ-Australia's tech stocks touch 2-week high, set for best month since January 2022

** Australia's technology stocks .AXIJ extend gains, rising as much as 1.9% to their highest level since November 14

** Sub-index has gained 12.4% so far this month, set for its strongest month since January 2022

** Tech-heavy Nasdaq ended 0.8% higher on Wednesday as investors looked past worries over inflated tech valuations .N

** Logistics software maker WiseTech Global WTC.AX rises as much as 5.4% to its highest level since October 28; stock among top gainers on the sub-index and benchmark index .AXJO

** Accounting software maker Xero .XRO.AX up 0.7%

** YTD, sub-index down 12.9%, including the day's move

(Reporting by Sherin Sunny in Bengaluru)

((Sherin.Sunny@thomsonreuters.com))

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