These ASX 200 tech shares are beating the broader market today

The tech index is having a great day, helped along by these 5 big-name shares.
The post These ASX 200 tech shares are beating the broader market today appeared first on The Motley Fool Australia. –

Today’s a good day for shares on the S&P/ASX 200 Info Tech Index (ASX: XIJ). Currently, the index is up 2.65%.

For comparison, the rest of the S&P/ASX 200 Index (ASX: XJO) is up 0.71% right now.

The tech index’s gains have seemingly been spurred by a strong night’s trade on the tech-heavy Nasdaq Composite (NASDAQ: .IXIC).

Let’s take a look at some of the ASX 200 tech shares reaping the rewards today.

5 ASX 200 tech shares flying higher today

Afterpay Ltd (ASX: APT)

Afterpay shares are performing solidly today, despite the company not releasing any news.

Right now, the Afterpay share price is 4.17% higher than it was at yesterday’s close. Shares in the ASX 200 buy now, pay later giant are swapping hands for $119.58.

Some brokers are bullish about Afterpay over the rest of 2021, and it looks like parts of the market are too.

Xero Limited (ASX: XRO)

The Xero share price is also gaining today. The company’s shares are up 4.08% at the time of writing, trading for $137.57.

The business and accounting software provider hasn’t announced anything new today either. But it’s also had brokers feeling bullish lately, with Goldman Sachs putting a $151 price target on Xero shares on Monday.

WiseTech Global Ltd (ASX: WTC)

Joining today’s high-flying ASX 200 tech shares club is Wisetech. And, once more, there’s been no news from the company.

The Wisetech share price has gained 3.9% today. The company’s shares are currently trading for $32.23 apiece.

While we haven’t heard much from Wisetech lately, brokers are continuing to feel positive about the cloud-based software provider. Morgan Stanley currently has an overweight rating and a $35 price target on the ASX 200 company’s shares.

Appen Ltd (ASX: APX)

The Appen share price is gaining 2.81% today, fetching $12.46 at the time of writing.

Appen develops data for machine learning and artificial intelligence.  

There’s been no news from Appen to explain its gains today. However, after it fell 5.9% yesterday, shareholders are likely to be relieved by today’s gains.

NextDC Ltd (ASX: NXT)

The NextDC share price isn’t soaring as high as the abovementioned ASX 200 tech shares, but it’s still up a respectable 0.93%.

The data centre operator’s shares are currently swapping hands for $11.96.

As The Motley Fool reported today, NextDC has been performing well lately and has been tipped as a buy by brokers.

The post These ASX 200 tech shares are beating the broader market today appeared first on The Motley Fool Australia.

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More reading

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Motley Fool contributor Brooke Cooper has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of and has recommended AFTERPAY T FPO, Appen Ltd, WiseTech Global, and Xero. The Motley Fool Australia owns shares of and has recommended AFTERPAY T FPO, Appen Ltd, WiseTech Global, and Xero. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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