ASX Midday Sector Update: Energy Stocks Climb, Real Estate Struggles

MT Newswires Live
2025/12/31

Energy stocks advanced 0.6% at midday Wednesday in the year's last trading session on the Australian bourse, with Brent crude prices holding steady.

Renergen's (ASX:RLT) securities were suspended from quotation on Wednesday in accordance with the timetable for its acquisition by Nasdaq-listed ASP Isotopes through a scheme of arrangement.

On the flip side, the real estate sector fell 0.6%.

The Lederer Group encouraged members of the Elanor Commercial Property Fund (ASX:ECF) to vote in favor of a resolution to remove Elanor Funds Management as the responsible entity of the fund and appoint Evolution Trustee as the new responsible Lederer is convening a meeting of members of the Elanor Commercial Property Fund to vote on the resolution on Jan. 30, 2026. Lederer confirmed its plans to vote its around 42.68% interest in the fund in favor of the resolution.

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