Utilities stocks rose 1.3% in midday trading Tuesday, outperforming other sectors after attacks on Saudi Arabia fueled concerns over oil supply disruptions.
Origin Energy (ASX:ORG) gained past 2%.
On the flip side, information technology stocks led decliners with a fall of 2.7%, mirroring the recent performance of US-listed peers.
Codan (ASX:CDA) shares shed nearly 3%, and WiseTech Global (ASX:WTC) retreated 4%.
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