- The S&P/ASX All Technology Index includes leading technology companies belonging to different sectors
- The S&P/ASX All Technology Index has lost over 10% this month
- Recently, Audeara raised AU$1 million through strategic placement
The S&P/ASX All Technology Index features the top and emerging technology companies from different sectors. It encompasses stocks beyond the information technology sector, including healthcare and other online marketplace companies.
In June, the All Tech index lost over 10%; however, there are some stocks from the technology space that managed to outperform the index with decent price returns. Let us have a look:
Data source: Refinitiv as of 01 July 2022
Silex Systems Limited (ASX: SLX)
Silex is a technology company, and its major asset is the SILEX laser enrichment technology.
Recently, Silex’s project partner, Silicon Quantum Computing Pty Ltd (SQC), announced that it has manufactured the world’s first integrated circuit at the atomic scale. Silex has partnered with SQC with an aim to build a silicon quantum computer in the future.
Registry Direct Limited (ASX: RD1)
Registry Direct provides Australia-based companies with services related to share and unit registry. It is engaged in development of the country’s only fully featured SaaS (software-as-a-service) registry management platform.
As per a recent announcement, Complii Fintech Solutions Ltd is likely to fully acquire Registry Direct. The acquisition will aid RD1 in further expediting its business development and growth momentum.
LiveHire Limited (ASX:LVH)
LiveHire is a global software-as-a-service (SaaS) platform. It connects companies and job seekers, enabling clients to bring together permanent employees and contingent workers to provide Total Talent and Direct Sourcing solutions.
Recently, LiveHire and ManpowerGroup Talent Solutions LLC (TAPFIN MSA) inked an agreement, under which LVH will be offering world-class direct sourcing solutions to TAPFIN clients in North America.
Audeara Limited (ASX: AUA)
Audeara offers high-quality bespoke audio to listeners through Bluetooth headphones. The company has sales operations in Australia and North America.
Recently, the company raised AU$1 million through strategic placement. Through the raised fund, the company will expand its sales team, forward stock ordering and logistics.