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ASX Midday Sector Update: Information Technology Jump, Materials Fall


MT Newswires - Shutterstock
MT Newswires -Shutterstock

Shares of information technology firms jumped nearly 5% at midday Monday.

Praemium (ASX:PPS) has requested an immediate trading halt on the Australian Securities Exchange pending the release of an update concerning a proposed organizational restructure.

On the flip side, the material sector, one of the three sectors trading in the red, fell 1%.

Coronado Global Resources (ASX:CRN) said it expects to restore full production in accordance with all requirements of the Resources Safety and Health Queensland at its Mammoth Underground Mine in Queensland.



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