Real estate stocks climbed 0.5% at midday Thursday, as expectations of a cut in the cash rate from the Reserve Bank of Australia at its August meeting mount.

Eureka Group Holdings (ASX:EGH) executed binding contracts to acquire the Coral Tree Lodge Tourist Park, a mixed-use tourist park located in Greenwell Point, New South Wales, for AU$6.7 million. The park consists of a 2.33-hectare freehold waterfront land holding comprising 123 sites, including 73 permanent and long-term rental sites as well as 22 motel units.

On the other hand, the industrials sector fell almost 1%. US President Donald Trump announced tariffs on semiconductor chips imported into the country.

Silex Systems (ASX:SLX), which fell nearly 14%, received firm commitments to raise AU$130 million via the issue of about 33.3 million shares at an issue price of AU$3.90 per share to local and institutional investors. Proceeds will support the commercialization of the company's uranium enrichment technology in the US, working capital, general corporate purposes, and placement costs.