All Ords lower, but ASX tech shares rebound
On Wednesday the benchmark S&P/ASX 200 (INDEX: XJO) had shed 34.8 points, or 0.52 per cent, to 6,594.5, while the broader All Ordinaries (ASX: XAO) surrendered 33.8 points, or 0.5 per cent, to 6,784.3.
On Wednesday the benchmark S&P/ASX 200 (INDEX: XJO) had shed 34.8 points, or 0.52 per cent, to 6,594.5, while the broader All Ordinaries (ASX: XAO) surrendered 33.8 points, or 0.5 per cent, to 6,784.3.
The Data#3 Limited (ASX: DTL) share price is down 15% in 2022, versus the All Ordinaries (ASX: XAO) which is down 8%. Fellow ASX tech shares like the WiseTech Global Ltd (ASX: WTC) share price and the Netwealth Ltd (ASX: NWL) share price are around 30% lower each.
The EML Payments Ltd (ASX:EML) share price is currently up by 11% after the company announced a deal in Spain.
RBA interest rates helped the S&P/ASX 200 (INDEXASX:XJO) end higher on Tuesday as ANZ Banking Group (ASX:ANZ), National Australia Bank (ASX: NAB), Commonwealth Bank of Australia (ASX: CBA), and Westpac Banking Group (ASX: WBC) were in focus.
Today, the Volpara Health Technologies Ltd (ASX: VHT) share price leapt 21% higher after announcing it secured a roll-out of Volpara Risk Pathways and Volpara Analytics to the 350+ sites owned or operated by Radnet Inc (NASDAQ: RDNT).
In this episode of The Australian Investors Podcast, Owen Rask is joined by 7Investing’s Dr Anirban Mahanti to explain how to value tech stocks like Zscaler Inc (NASDAQ:ZS) or Okta Inc (NASDAQ:OKTA) and more.
The RPMGlobal Holdings Ltd (ASX: RUL) share price has traded modestly this week despite the company gathering momentum heading into reporting season. On Monday RPMGlobal (RUL) announced another milestone for subscription revenue and RUL shares ended the day marginally higher, up 2.75%.
The Aerometrex (ASX: AMX) share price bounced 27% higher on Friday, taking the Nearmap Ltd (ASX: NEA) share price up 17% with it. This was a more than welcome reprieve for Aerometrex shareholders, who have seen AMX shares being sold down in 2022 despite reasonably positive business news.
The S&P/ASX 200 (INDEXASX: XJO) and All Ordinaries (ASX: XAO) reversed two straight weeks of losses, posting a 0.8 per cent gain on Friday, taking the S&P/ASX200 to a weekly gain of 1.6 per cent. The ASX 200 is expected to open firmly higher Monday morning, according to ASX 200 futures contracts in Sydney.
On Wednesday the benchmark S&P/ASX 200 (INDEX: XJO) had shed 34.8 points, or 0.52 per cent, to 6,594.5, while the broader All Ordinaries (ASX: XAO) surrendered 33.8 points, or 0.5 per cent, to 6,784.3.
The Data#3 Limited (ASX: DTL) share price is down 15% in 2022, versus the All Ordinaries (ASX: XAO) which is down 8%. Fellow ASX tech shares like the WiseTech Global Ltd (ASX: WTC) share price and the Netwealth Ltd (ASX: NWL) share price are around 30% lower each.
The EML Payments Ltd (ASX:EML) share price is currently up by 11% after the company announced a deal in Spain.
RBA interest rates helped the S&P/ASX 200 (INDEXASX:XJO) end higher on Tuesday as ANZ Banking Group (ASX:ANZ), National Australia Bank (ASX: NAB), Commonwealth Bank of Australia (ASX: CBA), and Westpac Banking Group (ASX: WBC) were in focus.
Today, the Volpara Health Technologies Ltd (ASX: VHT) share price leapt 21% higher after announcing it secured a roll-out of Volpara Risk Pathways and Volpara Analytics to the 350+ sites owned or operated by Radnet Inc (NASDAQ: RDNT).
In this episode of The Australian Investors Podcast, Owen Rask is joined by 7Investing’s Dr Anirban Mahanti to explain how to value tech stocks like Zscaler Inc (NASDAQ:ZS) or Okta Inc (NASDAQ:OKTA) and more.
The RPMGlobal Holdings Ltd (ASX: RUL) share price has traded modestly this week despite the company gathering momentum heading into reporting season. On Monday RPMGlobal (RUL) announced another milestone for subscription revenue and RUL shares ended the day marginally higher, up 2.75%.
The Aerometrex (ASX: AMX) share price bounced 27% higher on Friday, taking the Nearmap Ltd (ASX: NEA) share price up 17% with it. This was a more than welcome reprieve for Aerometrex shareholders, who have seen AMX shares being sold down in 2022 despite reasonably positive business news.
The S&P/ASX 200 (INDEXASX: XJO) and All Ordinaries (ASX: XAO) reversed two straight weeks of losses, posting a 0.8 per cent gain on Friday, taking the S&P/ASX200 to a weekly gain of 1.6 per cent. The ASX 200 is expected to open firmly higher Monday morning, according to ASX 200 futures contracts in Sydney.
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