ASX Midday Sector Update: Consumer Staples Stocks Advance, Materials Struggle

MT Newswires Live05-19 11:01

Consumer staples stocks advanced more than 3% at midday Tuesday.

Woolworths Group (ASX:WOW) gained over 4% in recent trade after the Australian Financial Review reported Tuesday that JPMorgan upgraded the supermarket giant to overweight.

On the flip side, the materials sector struggled, shedding 1%.

BHP Group (ASX:BHP) shares were down past 1% in recent trade.

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