Energy minerals stocks advanced nearly 8% at midday Friday.
Channel Infrastructure NZ (NZE:CHI) gained almost 8% in recent trade upon securing a 15-year contract with oil giant BP to provide additional jet and diesel fuel storage at Marsden Point.
On the flip side, the utilities sector struggled, shedding 1%.
Meridian Energy (NZE:MEL) shares were down almost 1% in recent trade.
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