BUZZ-Australian tech stocks fall to lowest levels in 8 months

Reuters

2025/04/04

** Australian tech stocks .AXIJ dive as much as 4.5% to their lowest levels since early August 2024

** Shares track steep losses overnight on Wall Street with all three indexes logging their biggest one-day drop since 2020

** Sector majors Xero XRO.AX drops 3% while WiseTech Global WTC.AX tumbles 2.7%

** Sub-index down nearly 22% YTD vs a 5.2% drop in ASX 200 benchmark .AXJO

(Reporting by Sneha Kumar in Bengaluru)

((Sneha.kumar@thomsonreuters.com;))

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