The Australian tech index soared as much as 3.4% to reach its pinnacle since early January 2022.

Leading the way was tech giant Wisetech Global (ASX:WTC), whose shares rose as much as 13% to A$90.230 in response to an 8% rise in their statutory net profit after tax for the last half of the year.

Additionally, Xero (ASX:XRO) experienced a 1.6% increase in their stock value.

So far this year, the sub-index has increased 9.4% as of the last closing.

Wisetech Global is a Sydney-based multinational technology company specializing in software solutions for the global logistics industry.