ASX Midday Sector Update: Consumer Discretionary Stocks Soar, Energy Stocks Fall

MT Newswires Live

Feb 06

Consumer discretionary stocks led a rally, climbing past 1.8% at midday Thursday, as all three major US stock indices closed in positive territory.

Betmakers Technology (ASX:BET) unit BetMakers MTC has acquired intellectual property and software from Protocol Zone for a total consideration of AU$1.5 million. Its shares rose almost 7% in recent trading.

On the flip side, the energy sector was the only sector trading in the red, falling 0.9%. Oil prices dropped amid rising US supply and concerns over a trade war between China and the US.

Beach Energy's (ASX:BPT) fiscal first-half results met expectations but were overall "negative," marked by a surprisingly low dividend, a production guidance update suggesting potential downgrades, and a lack of progress details at its Waitsia plant, according to a Thursday note by Jarden Research. Its shares fell almost 4% in recent trading.

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Its shares rose almost 7% in recent trading.</p><p>On the flip side, the energy sector was the only sector trading in the red, falling 0.9%. Oil prices dropped amid rising US supply and concerns over a trade war between China and the US.</p><p>Beach Energy's (ASX:BPT) fiscal first-half results met expectations but were overall \"negative,\" marked by a surprisingly low dividend, a production guidance update suggesting potential downgrades, and a lack of progress details at its Waitsia plant, according to a Thursday note by Jarden Research. Its shares fell almost 4% in recent trading.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK7078","symbol_name":"赌场与赌博","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2509183295","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2509183295","pubTimestamp":1738809537,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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