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Renewed Middle East tensions following the Houthis' announcement of a Saudi naval blockade combined with a lacklustre session on Wall Street weighed on local investor sentiment this Tuesday.
The S&P/ASX200 edged into positive territory during the afternoon to close relatively flat, up 0.02% at 8793.30 points.
Australia's technology sector escaped the global sell-off relatively unscathed, with information technology leading the market higher, rising 3.3%.
NextDC spearheaded the gains, rising 8.05% after increasing its contracted utilisation by 73 megawatts to 740 megawatts, driven by a fresh round of customer contract wins.
Other winners included Telix Pharmaceuticals, gaining following an increase in second-quarter revenue increase 21% to $US247 million. Along with small cap lender Plenti, surging 11% on record quarterly loan originations of $536 million, up 22% on the previous corresponding period.
In other company news Hub24 achieved record platform net inflows of $18.9 billion in FY26, up 20% on the prior year yet dipped following broader sector sentiment.
Elsewhere in the sector, Change Financial told the same story, expecting strong momentum to continue across Australia and New Zealand yet tumbling lower 10% over the session.
Tonight US earnings continue in full swing while markets monitor developments out of the Middle East.