Materials stocks advanced nearly 3% at midday Friday.
BHP Group (ASX:BHP) gained 2% in recent trade.
On the flip side, the energy sector struggled, shedding almost 1%.
Woodside Energy Group (ASX:WDS) shares fell past 1% in recent trade.
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Asia
Keppel's Hydrogen-Compatible Plant Commences Operations
Keppel's (SGX:BN4) hydrogen-compatible cycle power plant, Keppel Sakra Cogen (KSC) Plant, began operations on Friday, according to a same-day Singapore bourse filing.The facility will generate 600MW of power and is expected to increase the company's overall capacity in Singapore by around 45%.The plant is able to co-combust up to 30% of hydrogen and natural gas at the onset, Keppel said.
$SGX:BN4
Asia
ASX Biggest Losers
Here are the ASX-listed companies with the biggest losses on Friday.Energy Resources of Australia (ASX:ERA): -20%, AU$0.002Champion Iron (ASX:CIA): -5%, AU$4.54Superloop (ASX:SLC): -5%, AU$3.42Weebit Nano (ASX:WBT): -4%, AU$7.05Helia Group (ASX:HLI): -3%, AU$4.84GemLife Communities Group (ASX:GLF): -3%, AU$4.45Karoon Energy (ASX:KAR): -3%, AU$1.94Viva Energy Group (ASX:VEA): -2%, AU$2.11Ryman Healthcare (ASX:RYM): -2%, AU$1.88CSL (ASX:CSL): -2%, AU$96.05
$^AXJO$ASX:CIA$ASX:CSL$ASX:ERA$ASX:GLF$ASX:HLI$ASX:KAR$ASX:RYM$ASX:SLC$ASX:VEA$ASX:WBT
Asia
MicroPort NeuroScientific Partners With OYMotion on Brain-Computer Interface Technology; Shares Jump 5%
MicroPort NeuroScientific (HKG:2172) signed a strategic cooperation agreement with OYMotion Technologies to jointly develop brain-computer interface and exoskeleton robot technologies, according to a Thursday Hong Kong bourse filing.Shares of the medical device company were up more than 5% in Friday morning trade.MicroPort NeuroScientific said it will focus on brain-computer interface technology development, product design, and commercialization, while OYMotion will provide exoskeleton robot devices and intelligent control solutions.
$HKG:2172