ASX Midday Sector Update: Information Technology Stocks Up, Real Estate Leads Selloff

MT Newswires Live
2025/09/09

The Information technology sector was the only one trading in the green at midday Tuesday, up 0.1%.

All three major stock indices on Wall Street rose on expectations of policy easing by the US Federal Reserve.

Dotz Nano (ASX:DTZ) entered into unsecured loan agreements totaling around AU$740,000 with existing and new sophisticated investors, including South Israel Bridging Fund. The firm will issue 8.5 options for every AU$1 advanced under each loan, with an exercise price of AU$0.055. Funds from the Unsecured Loan will be used for general working capital purposes.

On the flip side, the real estate sector led a broad-based selloff, shedding more than 1%.

Lifestyle Communities (ASX:LIC) confirmed that the sale of its Ocean Grove site is now unconditional, following the completion of due diligence and purchaser approval to proceed. The settlement is planned for October, with AU$46.2 million in proceeds anticipated at that time.

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