Healthcare stocks jumped nearly 3% at midday Friday.
CSL (ASX:CSL) gained 4% in recent trade.
Meanwhile, the materials sector struggled, shedding nearly 2%.
BHP Group (ASX:BHP) shares fell nearly 2% in recent trade.
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Asia
Alphamab Oncology CEO Buys Shares
Alphamab Oncology (HKG:9966) said its controlling shareholder and CEO Xu Ting bought 554,000 shares of the company from the open market on Thursday, according to a Friday filing with the Hong Kong bourse.The purchases were on top of the 122,000 shares bought by certain members of the company's management, also on the same day.The shares were purchased for HK$7.375 on average, or nearly HK$5 million in total.Xu now holds 314.28 million shares, representing 32.4% of the business, the firm said.
$HKG:9966
Asia
Xiamen Tungsten Says No Undisclosed Data Behind Stock Fluctuation
Xiamen Tungsten (SHA:600549) experienced an abnormal stock fluctuation for three consecutive trading days, but its operations remain normal, according to a Shanghai bourse filing on Friday.The company's closing stock price between June 2 and June 4 was more than 20%, exceeding the bourse's threshold.The company's probe found that it does not have a significant disclosure that could affect its stock movement.The Chinese tungsten carbide manufacturer's shares rose 1% during morning trade.
$SHA:600549
Asia
Annica Holdings Launches Up to SG$5.2 Million Rights Issue
Annica Holdings (SGX:JFQ) lodged an offer information statement for a renounceable non-underwritten rights issue to raise up to SG$5.2 million in net proceeds, according to a Friday filing with the Singapore Exchange.The renewable energy firm will issue up to 168.5 million shares at SG$0.034 per share, on the basis of six rights shares for every five existing shares held.Proceeds raised from the issue will be used for renewable energy project development, working capital, debt reduction and for general corporate purposes.
$SGX:JFQ