Materials stocks advanced over 2% to lead gainers in midday trading on Tuesday amid a broadly lower market ahead of the release of Australia's federal budget, and as tensions persisted between the US and Iran.
Shares of BHP Group (ASX:BHP) rose nearly 3% after copper prices hit an all-time peak on the London Metal Exchange.
On the flip side, information technology stocks shed 4% to lead decliners.
WiseTech Global (ASX:WTC) and Xero (ASX:XRO) both fell past 5%.
Shandong Yisheng Livestock & Poultry Breeding's (SHE:002458) broiler chick sales revenue jumped 55% to 219 million yuan in April, according to a Tuesday filing with the Shenzhen bourse.Sales volume grew 13 to 55.3 million broiler chicks.Its Yisheng 909 mini broiler chicks saw sales revenue of 12.8 million yuan, up 104% year over year, while its sales volume jumped 19% to 8.2 million.Breeding pig sales revenue surged 325% to 40.4 million yuan while sales volume expanded 478% to 19,521 breeding pigs.
Trendlines Group (SGX:42T) said its board approved a capital injection into portfolio companies Ceretrieve and Vensica Medical by controlling shareholder Librae Holdings.Shares of the agrifood and med-tech company were down over 1% in Tuesday's afternoon trade.Librae will invest around $850,000 in the units. Additionally, Trendlines will infuse a total of $550,000 to the portfolio firms, according to a Monday filing with the Singapore Exchange.The funding is aimed at supporting the ongoing operations of the portfolio companies and helping them achieve successful exits, the filing said.Ceretrieve develops neurointerventional devices, while Vensica Medical specializes in bladder-targeted therapies.
Galaxy Entertainment Group (HKG:0027) reported HK$12.4 billion in first quarter 2026 revenue, up 11% from HK$11.20 billion a year earlier, according to a Tuesday filing with the Hong Kong bourse.Revenue from the gaming business increased to HK$10.02 billion from HK$8.92 billion in the prior year. Non-gaming revenue stood at HK$1.71 billion, rising from HK$1.56 billion, while sales from construction materials fell to HK$666 million from HK$723 million, figures showed.