09:11 AM EDT, 10/18/2024 (MT Newswires) -- Consumer stocks were mixed pre-bell Friday as the Consumer Staples Select Sector SPDR Fund ( XLP ) was down 0.3% and the Consumer Discretionary Select Sector SPDR Fund ( XLY ) marginally increased 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 by more than 63% premarket and Kaspi.kz was up 2.5%.

MGP Ingredients ( MGPI ) shares fell by over 19% after the company reported preliminary Q3 adjusted basic earnings of $1.29 a share, down 5% from a year earlier. The company said preliminary sales also declined year over year.

Autoliv ( ALV ) shares advanced by over 8% after the company reported Q3 adjusted earnings of $1.84 per diluted share, up from $1.66 a year earlier.