News: IMD Tech stocks lead benchmark higher amid Wall Street weakness

April 13 (Reuters) - Australian shares were led higher by a jump in technology stocks on Tuesday, while losses in energy stocks and miners capped gains.

The S&P/ASX 200 index (xjo) rose 0.29% to 6,994 points in early trade, off 3.1% from its lifetime high on Feb. 20, 2020. Buy-now-pay-later firm Zip Co (Z1P) was the top gainer on the benchmark after announcing upbeat quarterly results.

Zip said it was investing in both developed and developing markets to expand its global footprint and also made a soft launch into Canada, driven by U.S. merchants' demand.

The S&P 500 .SPX and Dow Jones industrial average .DJI ended lower on Monday, with investors waiting for cues from the upcoming corporate earnings season and a key inflation report later this week.

Overseas, S&P 500 E-minis futures EScv1 were up 0.04%, while Nikkei futures NKc1 rose 0.05%.

Australia's technology stocks .AXIJ rose 1.48% led by electronics solutions developer Codan Ltd (CDA) followed by Xero Ltd (XRO) , both gaining over 2%.

Financial stocks .AXFJ rose 0.3% led by Zip Co Ltd (Z1P) , up 5.41%, followed by Netwealth Group Ltd (NWL) , gaining 3.11%.

ASX 300 metals and mining index .AXMM fell 0.02% led by Imdex Ltd (IMD) , down 1.62%, followed by Nickel Mines Ltd (NIC) , losing 1.59%.

ASX 200 Energy index .AXEJ fell 0.56​% with Ampol Ltd (ALD) being the biggest decliner at 1.88%, followed by Beach Energy Ltd (BPT) , losing 1.17%.

New Zealand's benchmark S&P/NZX 50 index (nz50) rose about 0.3% to 12560.1 with dairy firm Synlait Milk (SML) leading gains. The country's central bank is set to leave interest rates unchanged on Wednesday.