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.
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.