ASX Midday Sector Update: Consumer Staples Stocks Jump, Information Technology Sector Struggles

MT Newswires Live
Yesterday

Consumer staples stocks advanced over 2% at midday Wednesday.

Woolworths Group (ASX:WOW) gained more than 4% in recent trade after logging AU$1.299 earnings per share before significant items for fiscal 2026, compared with AU$1.127 a year ago.

On the flip side, the information technology sector struggled, shedding past 3%.

WiseTech Global (ASX:WTC) shares were down past 9% in recent trade after reporting $0.94 in underlying EPS for fiscal 2026, compared with $0.731 a year ago.

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