ASX Midday Sector Update: Consumer Staples Stocks Rise, Real Estate Sector Falls

MT Newswires Live

Mar 07, 2025

The consumer staples sector was the only ASX sector trading in the green at midday Friday, rising just 0.2%. The S&P/ASX 200 Index fell below 8,000 for the first time in almost six months.

Live Verdure (ASX:LV1) processed its change of name to Decidr AI Industries, with the Australian Securities and Investments Commission, following shareholder approval on Wednesday, according to a Thursday filing. The company's Australian Securities Exchange code will change to "DAI," in due course.

On the flip side, the real estate sector was the biggest drag on the market, falling 2.3%. US stocks fell on Thursday despite US President Donald Trump's announcement of a one-month reprieve from tariffs on certain goods imported from Mexico and Canada.

Metrics Income Opportunities Trust (ASX:MOT) said that the New South Wales Minister for Planning and Public Spaces declared the mixed-use development application for a land asset located at 1 King Street, Concord West a state-significant development under relevant environment planning and assessment laws.

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The S&amp;P/ASX 200 Index fell below 8,000 for the first time in almost six months.</p><p>Live Verdure (ASX:LV1) processed its change of name to Decidr AI Industries, with the Australian Securities and Investments Commission, following shareholder approval on Wednesday, according to a Thursday filing. The company's Australian Securities Exchange code will change to \"DAI,\" in due course.</p><p>On the flip side, the real estate sector was the biggest drag on the market, falling 2.3%. 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The S&amp;P/ASX 200 Index fell below 8,000 for the first time in almost six months.</p><p>Live Verdure (ASX:LV1) processed its change of name to Decidr AI Industries, with the Australian Securities and Investments Commission, following shareholder approval on Wednesday, according to a Thursday filing. The company's Australian Securities Exchange code will change to \"DAI,\" in due course.</p><p>On the flip side, the real estate sector was the biggest drag on the market, falling 2.3%. US stocks fell on Thursday despite US President Donald Trump's announcement of a one-month reprieve from tariffs on certain goods imported from Mexico and Canada.</p><p><a href=\"https://laohu8.com/S/MOT.AU\">Metrics Income Opportunities Trust</a> (ASX:MOT) said that the New South Wales Minister for Planning and Public Spaces declared the mixed-use development application for a land asset located at 1 King Street, Concord West a state-significant development under relevant environment planning and assessment laws.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"XKO.AU","symbol_name":"标普/澳交所 300指数","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2517142604","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2517142604","pubTimestamp":1741315543,"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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