ASX Midday Sector Update: Information Technology Stocks Advance, Energy Sector Struggles

MT Newswires Live04-15 11:02

Information technology stocks advanced 2% at midday Wednesday.

Shares of WiseTech Global (ASX:WTC) and Xero (ASX:XRO) rose 2% in recent trade.

Meanwhile, the energy sector struggled, shedding 2%, as global oil demand is expected to plunge due to disruptions stemming from the ongoing Middle East conflict.

Shares of Woodside Energy Group (ASX:WDS) fell nearly 3% in recent trade, while those of Santos (ASX:STO) were down over 2%.

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