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ASX Midday Sector Update: Energy Stocks Rise, Information Technology Sector Struggles
['Mt Newswires']
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MT Newswires -ShutterstockEnergy stocks advanced 1% at midday Friday.
Woodside Energy Group (ASX:WDS) gained more than 2% in recent trade despite failing to convince Western Australia's Supreme Court to force environmental activists to furnish documents related to the planning of a stench gas protest at the company's Perth office in 2023.
Meanwhile, the information technology sector struggled, shedding more than 2%.
Xero (ASX:XRO) shares fell past 2% in recent trade.