** Australian technology stocks XXIJ fall 5.13%, hitting their lowest level since April 23 and on track for their biggest daily drop since April 7
** Overnight, Wall Street ended lower with the tech-heavy Nasdaq Composite IXIC losing 0.84%
** Enterprise software firm TechnologyOne TNE leads losses on the Australian sub-index, falling 14%
** TNE’s annual profit after tax of A$137.6 million ($89.21 million) misses Visible Alpha consensus estimate of A$139.9 million
** Catapult Sports CAT and Siteminder SDR follow TNE, slipping 7.9% and 5.3%, respectively
** AXIJ down 3.4% this year, including the day’s move
($1 = 1.5425 Australian dollars)
