ASX Midday Sector Update: Materials Sector Upbeat, Healthcare Stocks Struggle

MT Newswires Live

Feb 05, 2025

Materials stocks rose almost 2% at midday Wednesday, leading a rally on the Australian bourse. Higher iron ore prices buoyed mining stocks after China announced retaliatory tariffs on US goods.

Rio Tinto Group (ASX:RIO) is grappling with further iron ore shipment delays after Cyclones Taliah and Vince caused high seas off its Western Australian ports, according to multiple media reports, citing a company spokesperson. The company moved iron ore ships from Cape Lambert and Dampier ports to avoid dangerous wave conditions.

On the flip side, healthcare was the only sector trading in the red, shedding a little over 1%.

BlinkLab (ASX:BB1) said PriMED Clinical Research in Ohio became the first site to join the initial phase of the firm's US-based autism diagnostic registrational trial. Its shares rose 10% in recent trading.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2509449848"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2509449848\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2509449848?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-02-05 10:38","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2509449848","market":"sg","top_or_hot":-1,"title":"ASX Midday Sector Update: Materials Sector Upbeat, Healthcare Stocks Struggle","media":"MT Newswires Live","content":"<html><body><p> Materials stocks rose almost 2% at midday Wednesday, leading a rally on the Australian bourse. Higher iron ore prices buoyed mining stocks after China announced retaliatory tariffs on US goods.</p><p>Rio Tinto Group (ASX:RIO) is grappling with further iron ore shipment delays after Cyclones Taliah and Vince caused high seas off its Western Australian ports, according to multiple media reports, citing a company spokesperson. The company moved iron ore ships from Cape Lambert and Dampier ports to avoid dangerous wave conditions.</p><p>On the flip side, healthcare was the only sector trading in the red, shedding a little over 1%.</p><p>BlinkLab (ASX:BB1) said PriMED Clinical Research in Ohio became the first site to join the initial phase of the firm's US-based autism diagnostic registrational trial. Its shares rose 10% in recent trading.</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>ASX Midday Sector Update: Materials Sector Upbeat, Healthcare Stocks Struggle</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nASX Midday Sector Update: Materials Sector Upbeat, Healthcare Stocks Struggle\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2025-02-05 10:38</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> Materials stocks rose almost 2% at midday Wednesday, leading a rally on the Australian bourse. Higher iron ore prices buoyed mining stocks after China announced retaliatory tariffs on US goods.</p><p>Rio Tinto Group (ASX:RIO) is grappling with further iron ore shipment delays after Cyclones Taliah and Vince caused high seas off its Western Australian ports, according to multiple media reports, citing a company spokesperson. The company moved iron ore ships from Cape Lambert and Dampier ports to avoid dangerous wave conditions.</p><p>On the flip side, healthcare was the only sector trading in the red, shedding a little over 1%.</p><p>BlinkLab (ASX:BB1) said PriMED Clinical Research in Ohio became the first site to join the initial phase of the firm's US-based autism diagnostic registrational trial. Its shares rose 10% in recent trading.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4585","symbol_name":"ETF&股票定投概念","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2509449848","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2509449848","pubTimestamp":1738723124,"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. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Materials stocks rose almost 2% at midday Wednesday, leading a rally on the Australian bourse. Higher iron ore prices buoyed mining stocks after China announced retaliatory tariffs on US goods.Rio Tinto Group  is grappling with further iron ore shipment delays after Cyclones Taliah and Vince caused high seas off its Western Australian ports, according to multiple media reports, citing a company spokesperson. The company moved iron ore ships from Cape Lambert and Dampier ports to avoid dangerous wave conditions.On the flip side, healthcare was the only sector trading in the red, shedding a little over 1%.BlinkLab  said PriMED Clinical Research in Ohio became the first site to join the initial phase of the firm's US-based autism diagnostic registrational trial. Its shares rose 10% in recent trading.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4585":"ETF&股票定投概念","BK7507":"资源股","HCSG":"Healthcare Svcs Group Inc","RIO.AU":"力拓","XKO.AU":"标普/澳交所 300指数","XAO.AU":"标普/澳交所 普通股指数","BB1.AU":"Blinklab Ltd","BK7511":"ESG概念","XJO.AU":"标普/澳交所 200指数","BK7095":"多种金属与采矿","BK4544":"ARK ETF合集","BK7094":"医疗保健技术","BK4137":"综合支持服务","ARKG":"ARK Genomic Revolution ETF","BK4588":"碎股"},"translate_title":"澳大利亚证券交易所午盘板块更新：材料板块乐观，医疗保健股陷入困境","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"RIO.AU":0.9,"XKO.AU":0.73,"ARKG":1,"XJO.AU":0.73,"HCSG":1,"XAO.AU":0.73,"BB1.AU":0.9},"content_text":"Materials stocks rose almost 2% at midday Wednesday, leading a rally on the Australian bourse. Higher iron ore prices buoyed mining stocks after China announced retaliatory tariffs on US goods.Rio Tinto Group (ASX:RIO) is grappling with further iron ore shipment delays after Cyclones Taliah and Vince caused high seas off its Western Australian ports, according to multiple media reports, citing a company spokesperson. The company moved iron ore ships from Cape Lambert and Dampier ports to avoid dangerous wave conditions.On the flip side, healthcare was the only sector trading in the red, shedding a little over 1%.BlinkLab (ASX:BB1) said PriMED Clinical Research in Ohio became the first site to join the initial phase of the firm's US-based autism diagnostic registrational trial. Its shares rose 10% in recent trading.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}