08:51 AM EDT, 10/18/2024 (MT Newswires) -- Consumer stocks were leaning lower pre-bell Friday as the Consumer Staples Select Sector SPDR Fund (XLP) was down 0.2% and the Consumer Discretionary Select Sector SPDR Fund (XLY) marginally declined recently.

Kaspi.kz (KSPI) said it signed a definitive agreement to acquire 65.41% of the total outstanding Class A and Class B shares of D-Market Electronic Services & Trading (HEPS), also known as Hepsiburada, from founder Hanzade Dogan and other shareholders for a total cash consideration of around $1.13 billion. Hepsiburada shares rose past 65% premarket.