The information technology sector led a rebound on the Australian bourse, advancing 1.8% at midday Tuesday, after US President Donald Trump delayed the announced tariffs on Canada and Mexico by 30 days.
ReadyTech Holdings (ASX:RDY) agreed to acquire CouncilWise, a property and rating platform serving 35 local councils with property and revenue management solutions, for up to AU$8 million.
On the other hand, utility stocks fell 0.3% as crude oil prices swung amid uncertainty around trade.
Frontier Energy (ASX:FHE) said that stage one of its Waroona renewable energy project in Western Australia is development-ready, and it is targeting commercial operation by 2027.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.