ASX 200 Midday Movement: Info Tech Leads Gains, Utilities Ease

June 17, 2025 04:18 PM AEST | By Team Kalkine Media

ASX 200 Midday Movement: Info Tech Leads Gains, Utilities Ease — Image source: Shutterstock

Utilities Sector Lags Amid Broader Shifts

In contrast, the Utilities sector trended lower during midday trading, underperforming relative to the overall market. This shift was evident across both the ASX 300 and All Ordinaries indices, where several large-cap utility stocks showed signs of subdued participation.

Origin Energy Ltd (ASX:ORG) and APA Group (ASX:APA) registered weaker intraday positioning, dragging on overall sector performance. Additionally, AGL Energy Ltd (ASX:AGL) displayed a more restrained trading pattern. Investors observed the sector’s underwhelming movement against the backdrop of otherwise positive market tone.

Broader Index Landscape Influenced by Sectoral Themes

The dynamic interplay between strong Information Technology activity and softer Utilities performance influenced midday outcomes across all principal indices. On the ASX 200 and ASX 100, the weight of tech-heavy gainers helped partially offset losses stemming from energy and utility segments.

Several constituents within the ASX 300 provided added support to index stability, with Computershare Ltd (ASX:CPU) and TechnologyOne Ltd (ASX:TNE) aiding the broader technology surge. Meanwhile, the All Ordinaries reflected a similar pattern, showcasing a divergence in performance between defensive and growth-driven sectors.

Dividend-Focused Stocks and Income Yield Movers

Among companies within the Utilities and broader sectors, a few were closely watched for dividend-related attributes. APA Group (ASX:APA) and AGL Energy Ltd (ASX:AGL) are known inclusions among asx dividend stocks, attracting attention for dividend yield outlooks. While midday movement remained restrained, these companies continue to feature in income-focused segment reviews.

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