{"id":81592,"date":"2026-02-08T23:44:28","date_gmt":"2026-02-09T02:44:28","guid":{"rendered":"https:\/\/tech.einnews.com\/article\/890595275"},"modified":"2026-02-08T23:44:28","modified_gmt":"2026-02-09T02:44:28","slug":"why-are-asx-200-tech-shares-like-wisetech-and-nextdc-going-gangbusters-on-monday","status":"publish","type":"post","link":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/2026\/02\/08\/why-are-asx-200-tech-shares-like-wisetech-and-nextdc-going-gangbusters-on-monday\/","title":{"rendered":"Why are ASX 200 tech shares like WiseTech and NextDC going gangbusters on Monday"},"content":{"rendered":"<div><img data-opt-id=758893364  fetchpriority=\"high\" decoding=\"async\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/ywAAAAAAQABAAACAUwAOw==\" fifu-lazy=\"1\" fifu-data-sizes=\"auto\" fifu-data-srcset=\"https:\/\/i3.wp.com\/www.fool.com.au\/wp-content\/uploads\/2021\/11\/thrilled-investor-16.9-1200x675.jpg?ssl=1&w=75&resize=75&ssl=1 75w, https:\/\/i3.wp.com\/www.fool.com.au\/wp-content\/uploads\/2021\/11\/thrilled-investor-16.9-1200x675.jpg?ssl=1&w=100&resize=100&ssl=1 100w, https:\/\/i3.wp.com\/www.fool.com.au\/wp-content\/uploads\/2021\/11\/thrilled-investor-16.9-1200x675.jpg?ssl=1&w=150&resize=150&ssl=1 150w, https:\/\/i3.wp.com\/www.fool.com.au\/wp-content\/uploads\/2021\/11\/thrilled-investor-16.9-1200x675.jpg?ssl=1&w=240&resize=240&ssl=1 240w, https:\/\/i3.wp.com\/www.fool.com.au\/wp-content\/uploads\/2021\/11\/thrilled-investor-16.9-1200x675.jpg?ssl=1&w=320&resize=320&ssl=1 320w, https:\/\/i3.wp.com\/www.fool.com.au\/wp-content\/uploads\/2021\/11\/thrilled-investor-16.9-1200x675.jpg?ssl=1&w=500&resize=500&ssl=1 500w, https:\/\/i3.wp.com\/www.fool.com.au\/wp-content\/uploads\/2021\/11\/thrilled-investor-16.9-1200x675.jpg?ssl=1&w=640&resize=640&ssl=1 640w, https:\/\/i3.wp.com\/www.fool.com.au\/wp-content\/uploads\/2021\/11\/thrilled-investor-16.9-1200x675.jpg?ssl=1&w=800&resize=800&ssl=1 800w, https:\/\/i3.wp.com\/www.fool.com.au\/wp-content\/uploads\/2021\/11\/thrilled-investor-16.9-1200x675.jpg?ssl=1&w=1024&resize=1024&ssl=1 1024w, https:\/\/i3.wp.com\/www.fool.com.au\/wp-content\/uploads\/2021\/11\/thrilled-investor-16.9-1200x675.jpg?ssl=1&w=1280&resize=1280&ssl=1 1280w, https:\/\/i3.wp.com\/www.fool.com.au\/wp-content\/uploads\/2021\/11\/thrilled-investor-16.9-1200x675.jpg?ssl=1&w=1600&resize=1600&ssl=1 1600w\" fifu-data-src=\"https:\/\/i3.wp.com\/www.fool.com.au\/wp-content\/uploads\/2021\/11\/thrilled-investor-16.9-1200x675.jpg?ssl=1\" class=\"ff-og-image-inserted\"><\/div>\n<p><strong>S&amp;P\/ASX 200 Index<\/strong>&nbsp;(ASX: XJO) <a href=\"https:\/\/www.fool.com.au\/investing-education\/technology\/\">tech<\/a> shares are starting the week with a bang.<\/p>\n<p>In morning trade on Monday, the ASX 200 is up a welcome 1.6%.<\/p>\n<p>As for the surging Aussie tech companies, the <strong>S&amp;P\/ASX All Technology Index<\/strong> (ASX: XTX) \u2013 which also contains some smaller tech companies outside of ASX 200 tech shares \u2013 is up 4.1% at this same time.<\/p>\n<p>Here&#8217;s how some of Australia&#8217;s biggest tech shares are faring today:<\/p>\n<ul>\n<li>Shares in cloud-based software solutions provider <strong>WiseTech Global Ltd<\/strong> (<a class=\"tickerized-link\" href=\"https:\/\/www.fool.com.au\/tickers\/asx-wtc\/\">ASX: WTC<\/a>) are up 4.8% trading for $49.90 each<\/li>\n<li>Shares in software-as-a-service provider <strong>Technology One Ltd<\/strong> (<a class=\"tickerized-link\" href=\"https:\/\/www.fool.com.au\/tickers\/asx-tne\/\">ASX: TNE<\/a>) are up 5.1% trading for $22.97 each<\/li>\n<li>Shares in data centre operator <strong>NextDC Ltd<\/strong> (<a class=\"tickerized-link\" href=\"https:\/\/www.fool.com.au\/tickers\/asx-nxt\/\">ASX: NXT<\/a>) are up 6.2% trading for $13.50 each<\/li>\n<li>Shares in location-sharing software developer <strong>Life360 Inc<\/strong> (<a class=\"tickerized-link\" href=\"https:\/\/www.fool.com.au\/tickers\/asx-360\/\">ASX: 360<\/a>) are up 5.0% trading for $26.24 each<\/li>\n<li>Shares in accounting software provider <strong>Xero Ltd<\/strong> (<a class=\"tickerized-link\" href=\"https:\/\/www.fool.com.au\/tickers\/asx-xro\/\">ASX: XRO<\/a>) are up 1.7% trading for $83.11 each<\/li>\n<\/ul>\n<p>Boom!<\/p>\n<p>Here&#8217;s what&#8217;s got Aussie tech investors favouring their buy buttons today<\/p>\n<h2><strong>ASX 200 tech shares on the rebound<\/strong><\/h2>\n<p>None of the booming stocks listed above has released any price-sensitive information today.<\/p>\n<p>So, why the outsized intraday gains?<\/p>\n<p>Well, after getting smashed on Friday amid the broader market retrace, investors clearly see value in these large-cap ASX 200 tech shares like WiseTech and NextDC.<\/p>\n<p><span>Indeed, we saw a similar story playing out in the US stock markets on Friday, following Thursday&#8217;s tech sell-down on the&nbsp;<strong>Nasdaq Composite Index<\/strong> (NASDAQ: .IXIC).<\/span><\/p>\n<p>On Friday, however, US stocks came roaring back with the <strong>S&amp;P 500<\/strong> <strong>Index <\/strong>(SP: .INX) closing up 2% and the tech-heavy Nasdaq surging 2.2%.<\/p>\n<p>AI chip-making giant<strong> Nvidia Corp<\/strong> (<a class=\"tickerized-link\" href=\"https:\/\/www.fool.com.au\/tickers\/nasdaq-nvda\/\">NASDAQ: NVDA<\/a>) was a standout performer, gaining a whopping 7.9% on Friday. And this is a US$4.5 trillion (AU$6.4 trillion) company we&#8217;re talking about here.<\/p>\n<p>For some context, WiseTech shares are worth a combined AU$16.7 billion.<\/p>\n<h2><strong>Experts say &#8216;buy the dip&#8217; with care<\/strong><\/h2>\n<p>Commenting on the rebound in US stocks that&#8217;s spilling over into ASX 200 tech shares today, Interactive Brokers&#8217; Jose Torres&nbsp;said (quoted by <em>Bloomberg<\/em>):<\/p>\n<blockquote>\n<p>Investors are rising to the occasion and aggressively&nbsp;buying <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2026-02-05\/asian-stocks-to-fall-as-us-tech-crypto-extend-dip-markets-wrap\" target=\"_blank\" rel=\"noopener\">the dip&nbsp;<\/a>in stocks. Basement &#8216;animal spirits&#8217; are offering value hunters opportunities to accumulate shares amid a general sense on Wall Street that the selling has gone too far.<\/p>\n<\/blockquote>\n<p>SlateStone Wealth&#8217;s Kenny Polcari&nbsp;added, &#8220;For long-term investors, this is the time to go shopping. A lot is on sale.&#8221;<\/p>\n<p>And Bellwether Wealth&#8217;s Clark Bellin&nbsp;concluded:<\/p>\n<blockquote>\n<p>The bull market is not dead, but it is aging, and we are not surprised to see investors paying more attention to corporate earnings and profitability.<\/p>\n<p>Our message to investors is to remain opportunistic when stocks dip, but not necessarily during every dip. 2026 should still be a positive year, with plenty of opportunities to buy stocks on sale.<\/p>\n<\/blockquote>\n<p><strong><a href=\"https:\/\/blockads.fivefilters.org\"> <\/a><\/strong> <a href=\"https:\/\/blockads.fivefilters.org\/acceptable.html\"> <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8230; Aussie <span class=\"match\">tech<\/span> companies, the S&amp;P&#047;ASX All <span class=\"match\">Technology<\/span> &#8230; Index (ASX: XTX) \u00e2\u0080\u0093 which also contains some smaller <span class=\"match\">tech<\/span> &#8230; software-as-a-service provider <span class=\"match\">Technology<\/span> One Ltd (ASX: TNE) &#8230; spilling over into ASX 200 <span class=\"match\">tech<\/span> shares today, Interactive Brokers&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-81592","post","type-post","status-publish","format-standard","hentry","category-news","wpcat-1-id"],"_links":{"self":[{"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/posts\/81592","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/comments?post=81592"}],"version-history":[{"count":0,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/posts\/81592\/revisions"}],"wp:attachment":[{"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/media?parent=81592"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/categories?post=81592"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/wp-json\/wp\/v2\/tags?post=81592"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}