Aug 5 (Reuters) - Technology companies kept Australian shares afloat on Thursday, although Wall Street's overnight declines and weakness in the local energy index offset gains.
The S&P/ASX 200 index (xjo) rose 0.09% points to 7,509.800 by 0021 GMT.
The main index has closed at record highs in two sessions in a week that saw the $29 bln buyout of Australia's buy now, pay later pioneer Afterpay Ltd (APT) .
Elsewhere, Japan's Nikkei .N225 was up 0.5%, while S&P 500 E-minis futures EScv1 were up 0.2%.
On Wednesday, Wall Street was hit by data showing U.S. private payrolls increased far less than expected in July.
The energy sub-index .AXEJ led losses on the ASX 200, falling as much as 1.3%, touching its lowest level since July 20, as oil prices fell on a surprise build in U.S. crude stockpiles.
Oil Search (OSH) led losses, falling as much as 2%, and Whitehaven Coal (WHC) declined 1.6%.
Tech stocks were among the bright spots, up 0.4%, with Nuix Ltd (NXL) leading the charge, up 2.4%, and software maker Xero Ltd (XRO) gaining 1.3%.
Markets will soon turn their attention to a busy earnings season, with Commonwealth Bank of Australia (CBA) and National Australia Bank (NAB) , scheduled to report their results next week.
Financials .AXFJ jumped 0.4%, with Commonwealth Bank of Australia and National Australia Bank rising as much as 0.8% and 0.5%, respectively.
Australia's miners .AXMM fell about 0.7%, as BHP Group (BHP) and Fortescue Metals (FMG) both shed nearly 1%.
Gold stocks fell 0.5% on Thursday, led by Dacian Gold (DCN) , down 2%, and (KCN) , losing 1.83%.
In New Zealand, the benchmark S&P/NZX 50 index (nz50) fell 0.24% to 12,765.2.
- Forums
- ASX - By Stock
- News: XRO Australia shares propped up by tech stocks; energy weighs
XRO
xero limited
Add to My Watchlist
0.53%
!
$160.49

Aug 5 (Reuters) - Technology companies kept Australian shares...
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
|
|||||
Last
$160.49 |
Change
-0.850(0.53%) |
Mkt cap ! $26.68B |
Open | High | Low | Value | Volume |
$160.05 | $160.93 | $159.69 | $5.450M | 33.74K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 24 | $160.49 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$160.52 | 21 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 11 | 160.420 |
2 | 6 | 160.410 |
2 | 4 | 160.400 |
3 | 41 | 160.390 |
1 | 22 | 160.370 |
Price($) | Vol. | No. |
---|---|---|
160.460 | 11 | 3 |
160.470 | 10 | 2 |
160.480 | 6 | 1 |
160.500 | 9 | 1 |
160.510 | 17 | 3 |
Last trade - 10.20am 11/09/2025 (20 minute delay) ? |
Featured News
XRO (ASX) Chart |
The Watchlist
EVR
EV RESOURCES LTD
Shane Menere, Non-Executive Chairman
Shane Menere
Non-Executive Chairman
SPONSORED BY The Market Online