ASX lifts as energy and mining stocks notch gains
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The news: The ASX is higher after a weak start to trading and losses in the previous two sessions, with energy and mining stocks leading gains.
The numbers: The ASX 200 was up 0.46% at 12:45pm AEDT.
Nine of 11 sector were in green, with energy (0.6%), materials (0.45%) and A-REIT (0.42%) climbing furthest.
Uranium explorer Deep Yellow (4%), and metal miners Alcoa Corporation (2.8%) and Fortescue (2.5%) were the three best performing ASX 200 companies.
Consumer staples (-0.3%) and healthcare (0.05%) were the two sectors in red.
The three worst performers across the ASX 200 were all pharmaceutical stocks: Clarity Pharmaceuticals (-4.3%), Telix Pharmaceuticals (-3.3%) and Neuren Pharmaceuticals (-2.2%).
The context: Elsewhere, real estate giant Lendlease fell around 1% after selling its UK construction business to Atlas Holdings for $70 million.
Shares in Weebit Nano plunged more than 11% after the semiconductor company licensed its resistive random access memory technology to US semiconductor integrated device manufacturer onsemi.
