Sydney, Jan 19, 2026, 17:27 AEDT — Market closed.
WiseTech Global Ltd (WTC.AX) fell 4.4%, ending Monday at A$64.07 after dipping to a low of A$63.25 in Sydney. The stock, which has traded between A$61.49 and A$130.50 over the past year, closed A$2.95 below Friday’s finish on volume near 1.02 million shares, according to Investing.com. (Investing)
The move outpaced a 0.33% fall in the ASX 200 and mirrored a broad selloff in growth stocks amid fresh geopolitical jitters. Accounting software firm Xero dropped 2.8%, while WiseTech has slumped roughly 45% over six months, making its shares volatile on risk-off days. (Stockhead)
Risk appetite took a hit after U.S. President Donald Trump threatened fresh tariffs on eight European countries linked to a Greenland dispute — starting at 10% from Feb. 1 and jumping to 25% from June 1 if no agreement is reached. “Markets have learned that tariff threats get watered down or delayed,” noted Saxo’s Charu Chanana. ANZ’s Khoon Goh added: “Markets are pricing in increased political risk premia on the U.S. dollar.” (Reuters)
WiseTech shared some news over the weekend, though it’s unlikely to calm nerves after the recent drop. The company announced it will invest A$8.7 million over three years to sponsor not-for-profit KIK Innovation. The funds aim to grow Grok Academy’s coding programs. CEO Zubin Appoo said the group was “proud to support” the initiative. (Wisetechglobal)
Traders continued to view WiseTech as a high-beta stock—prone to bigger swings than the overall market—rather than a direct indicator of education spending. Since the company’s software is embedded deeply in logistics operations, any tariff shock hitting global trade volumes can quickly ripple through customer budgets and mood.
Results are the next major catalyst. According to Intelligent Investor’s corporate calendar, WiseTech’s interim report drops on Feb. 25. Investors are gearing up to gauge demand, costs, and any change in sentiment after several months marked by intense volatility. (Intelligent Investor)
There’s a catch on days like this: the macro story can turn on a dime. If the tariff threat eases or talks stall, bargain hunters may return to battered tech stocks. But if it escalates into actual policy moves and retaliation, the sell-off usually spreads wider.
Looking ahead to next week, the ASX calendar notes the cash market will be closed on Jan. 26 for Australia Day. That holiday often tightens liquidity and can amplify price swings around any news. (Australian Securities Exchange)
Tuesday’s trading will hinge on tariff buzz and how global stocks are faring. WiseTech investors, meanwhile, are eyeing the Feb. 25 interim report as their next key event.
