Why did the Materials sector rise during ASX Midday?

The sector gained nearly 2 percent due to strong iron ore and copper prices. BHP hitting a record high also lifted investor confidence across mining stocks.

What pushed BHP shares to a record level?

Investors expect strong half-year earnings, high margins, and steady dividends. Global demand for iron ore and copper is also supporting the stock.

How did the ASX 200 perform at midday?

The ASX 200 rose around 0.4 percent to near 7,920 points, led mainly by Materials and supported by stable global markets.

What global factors influenced ASX Midday trade?

European markets advanced overnight, and commodity prices stayed firm. China's demand expectations also supported Australian miners.

What should investors watch after ASX Midday?

Investors should monitor BHP earnings guidance, iron ore futures, Australian dollar movement, and global market trends for direction into the close.

AU Stocks

ASX Midday Sector Feb 17, 2026: Materials Surge 2% as BHP Hits Record High

ByRubaisha February 17, 2026February 17, 2026

The ASX Midday trade on February 17, 2026, delivered a strong boost to investors, with the Materials sector rising nearly 2 percent as BHP Group touched a fresh record high. The rally came ahead of BHP’s earnings update and followed positive moves in European markets overnight, as reported by The Sydney Morning Herald and Yahoo Finance Australia.