-- 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%.