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

MT Newswires Live

May 04

Information technology stocks advanced nearly 1% in midday trading on Monday, as markets weighed continued tensions in the Middle East and a potential rate hike from the Reserve Bank of Australia on Tuesday.

Xero (ASX:XRO) rose 2%, and Life360 (ASX:360) jumped 7%.

On the flip side, energy stocks declined more than 2% after President Donald Trump said the US will start helping some ships pass through the Strait of Hormuz starting Monday.

Woodside Energy Group (ASX:WDS) shed 3%, and Santos (ASX:STO) declined 2%.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers HK | Online Trading in stocks, bonds & ETFS","description":"Discover Tiger Brokers HK, an online trading platform for stocks&ETFs, options&futures, bonds and crypto. Open an account to enjoy low commission trading today!","keywords":"tiger trading,tiger security,tiger broker hk,tigers co ltd,tiger trade hk,tiger brokers hk,stock broker,securities broker,online brokerage,hong kong broker,hk broker,online stock trading,online trading platform,stock trading platforms,trading application,stock trading,stock trading hong kong,buying stocks in hong kong,tiger brokers","social":{"ogDescription":"Discover Tiger Brokers HK, an online trading platform for stocks&ETFs, options&futures, bonds and crypto. Open an account to enjoy low commission trading today!","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.0a0bd8dc.png","ogUrl":"https://www.gotigerhk.com/news/2632698231"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"HKG","license":"TBHK","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2632698231\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2632698231?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-05-04 10:27","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2632698231","market":"hk","top_or_hot":-1,"title":"ASX Midday Sector Update: Information Technology Stocks Advance, Energy Falls","media":"MT Newswires Live","content":"<html><body><p> Information technology stocks advanced nearly 1% in midday trading on Monday, as markets weighed continued tensions in the Middle East and a potential rate hike from the Reserve Bank of Australia on Tuesday.</p><p>Xero (ASX:XRO) rose 2%, and Life360 (ASX:360) jumped 7%.</p><p>On the flip side, energy stocks declined more than 2% after President Donald Trump said the US will start helping some ships pass through the Strait of Hormuz starting Monday.</p><p><a href=\"https://laohu8.com/S/WDS.AU\">Woodside Energy</a> Group (ASX:WDS) shed 3%, and Santos (ASX:STO) declined 2%.</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>ASX Midday Sector Update: Information Technology Stocks Advance, Energy Falls</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nASX Midday Sector Update: Information Technology Stocks Advance, Energy Falls\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2026-05-04 10:27</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> Information technology stocks advanced nearly 1% in midday trading on Monday, as markets weighed continued tensions in the Middle East and a potential rate hike from the Reserve Bank of Australia on Tuesday.</p><p>Xero (ASX:XRO) rose 2%, and Life360 (ASX:360) jumped 7%.</p><p>On the flip side, energy stocks declined more than 2% after President Donald Trump said the US will start helping some ships pass through the Strait of Hormuz starting Monday.</p><p><a href=\"https://laohu8.com/S/WDS.AU\">Woodside Energy</a> Group (ASX:WDS) shed 3%, and Santos (ASX:STO) declined 2%.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"XRO.AU","symbol_name":"XERO LTD","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2632698231","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2632698231","pubTimestamp":1777861645,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Information technology stocks advanced nearly 1% in midday trading on Monday, as markets weighed continued tensions in the Middle East and a potential rate hike from the Reserve Bank of Australia on Tuesday.Xero  rose 2%, and Life360  jumped 7%.On the flip side, energy stocks declined more than 2% after President Donald Trump said the US will start helping some ships pass through the Strait of Hormuz starting Monday.Woodside Energy Group  shed 3%, and Santos  declined 2%.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"XRO.AU":"XERO LTD","BK7507":"资源股","WDS.AU":"WOODSIDE ENERGY GROUP LTD","BK7503":"科技股","III":"信息服务","BK7142":"石油与天然气的勘探与生产","360.AU":"LIFE360 INC-CDI","BK4134":"信息科技咨询与其它服务","BK7016":"应用软件","STO.AU":"SANTOS LIMITED"},"translate_title":"澳大利亚证券交易所午盘板块更新：信息技术股上涨，能源股下跌","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"XRO.AU":1,"III":1.5,"WDS.AU":1,"360.AU":1,"STO.AU":1},"content_text":"Information technology stocks advanced nearly 1% in midday trading on Monday, as markets weighed continued tensions in the Middle East and a potential rate hike from the Reserve Bank of Australia on Tuesday.Xero (ASX:XRO) rose 2%, and Life360 (ASX:360) jumped 7%.On the flip side, energy stocks declined more than 2% after President Donald Trump said the US will start helping some ships pass through the Strait of Hormuz starting Monday.Woodside Energy Group (ASX:WDS) shed 3%, and Santos (ASX:STO) declined 2%.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":1,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}