Materials stocks advanced over 3% at midday Thursday.
BHP Group (ASX:BHP) gained more than 3% in recent trade.
On the flip side, the energy sector struggled, shedding nearly 3%.
Woodside Energy Group (ASX:WDS) shares fell 4% in recent trade.
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Asia
Ley Choon Unit Bags SG$36 Million Contracts; Shares Up 3%
Ley Choon's (SGX:Q0X) subsidiary, Ley Choon Constructions and Engineering, secured underground utilities services contracts worth SG$35.6 million, according to a Tuesday filing with the Singapore Exchange.Shares of the underground infrastructure services company were up nearly 3% in Wednesday trading.The contracts are expected to conclude within 24 to 36 months.
SGX:Q0X
Asia
Goldwind Science & Technology to Provide Wind Turbine Services in Morocco for $29 Million; Hong Kong Shares Down 3%
Goldwind Science & Technology (SHE:002202, HKG:2208) agreed to provide long-term operation and maintenance services for wind turbines in Morocco for a total guarantee amount of up to $29.4 million, according to a Shenzhen bourse filing on Wednesday.The deal was signed with Energie Eolienne du Maroc through a subsidiary, Goldwind Morocco (SARL).The Chinese wind power company's Hong Kong shares dropped 3%, while Shenzhen shares rose less than 3% during morning trade.
HKG:2208SHE:002202
Asia
AusQuest Says Reverse Circulation Drilling at Peru Porphyry Copper-Gold Project Defines Continuous Mineralized Corridor
AusQuest (ASX:AQD) said reverse circulation drilling continues to define a continuous mineralized corridor extending more than 1,500 meters in length at the Cangallo porphyry copper-gold project in Peru, according to a Wednesday Australian bourse filing.Drilling encountered intercepts of 269 meters at 0.3% grade of copper and 0.1 grams per tonne (g/t) grade of gold from 160 meters, as well as 214 meters at 0.3% grade of copper and 0.1 g/t grade of gold from 124 meters.The company said that permitting of the stage four drill pads was prioritized to enable further drilling in the highly prospective southern portion of the prospect.
ASX:AQD