Information technology stocks rose almost 1% at midday Tuesday amid the anticipation for the Reserve Bank of Australia's monetary policy decision, as the central bank is expected to deliver a 25-basis-point interest rate cut.

DigitalX (ASX:DCC), which rose past 13%, said it secured commitments to raise around AU$20.7 million via a strategic placement to global digital asset investors Animoca Brands, UTXO Management, and ParaFi Capital, among others. It will use the funding to expand its existing Bitcoin treasury position.

On the flip side, the consumer staples sector struggled, shedding more than 1%. All three of Wall Street's major indices closed lower on Monday. US President Donald Trump said his administration would impose 25% tariffs on goods from Japan and South Korea from Aug. 1.

Australian Agricultural Projects (ASX:AAP) reported a total olive oil production of 752,600 liters from its 2025 harvest, compared with a production of 551,500 liters during its 2024 harvest.