The utilities sector was the only one trading substantially in the green, rising 0.94% at midday Tuesday. Australian stocks tracked a Wall Street sell-off after US President Donald Trump said tariffs on Mexico and Canada would go ahead in March.
Meridian Energy (ASX:MEZ, NZE:MEL) and New Zealand Aluminium Smelters agreed that the latter will provide 50 megawatts per hour of demand response from March 10 to Aug. 31, with a ramp-up period of 86 days to follow.
On the other hand, the consumer discretionary sector fell more than 2%.
Domino's Pizza Enterprises (ASX:DMP) reported a loss per diluted share in the fiscal first half of AU$0.242, compared with earnings of AU$0.648 per diluted share a year earlier. Revenue for the six months ended Dec. 29, 2024, was AU$1.17 billion, down from AU$1.25 billion in the same period last year.
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