The real estate sector led a broad-based rally on the Australian Securities Exchange on Thursday, rising 2.58%. All but one of the sectors on the ASX were trading in the green at midday.
Lower-than-expected December core inflation data and solid earnings from major US banks fueled a Wall Street rally.
Tian An Australia (ASX:TIA) said Oasis Star agreed to amend its current loan facility of AU$200 million with Tian An to be interest-free from May 23, 2024, until the loan facility expires on Dec. 31, 2027.
The energy sector fell 0.3%, the only sector trading in the red.
Central Petroleum (ASX:CTP), the operator of the Mereenie joint venture, said that a development well was drilled and completed over the target Pacoota 3 interval. The well was suspended pending a tie-in to the Mereenie Production Station, which is scheduled for late January.
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