The utilities sector rose 1.6% at midday Friday. Investors opted for defensive stocks after US President Donald Trump announced on US trading partners.
LGI (ASX:LGI) reported a fiscal 2025 first-half total revenue of AU$16.9 million, rising 7% compared to the prior corresponding period revenue of AU$15.9 million.
On the other hand, healthcare stocks were trading in the red, falling 0.29%.
Cochlear (ASX:COH) shares fell past 13% in recent trade on Friday. It reported that its six-month earnings per diluted share rose to AU$3.125 from AU$2.913 per diluted share a year earlier.
The medical device firm expects underlying net profit for the fiscal year at the lower end of the AU$410 million to AU$430 million guidance provided in August 2024.
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