Energy stocks were advancing around 1.2% in midday trading Friday, with utilities following close behind, as oil prices continued to climb amid lingering tensions between the US and Iran.
Woodside Energy Group (ASX:WDS) was gaining nearly 2%, and Santos (ASX:STO) was over 1% higher.
Meanwhile, information technology stocks were leading decliners with a fall of 1.7%.
Qoria (ASX:QOR) was down almost 16% after reporting AU$7.6 million in annual recurring revenue in the March quarter, up 49% from a year earlier.
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