Australian Market Maintains Early Losses In Mid-market
From Nasdaq: 2025-02-24 21:39:48
The Australian stock market is down in mid-market trading, with the S&P/ASX 200 falling below 8,300 due to weakness in mining and technology sectors. Major miners like Rio Tinto and BHP Group are down almost 1 percent, while tech stocks like Afterpay and Xero are also declining. Oil stocks are mixed, with Woodside Energy gaining almost 3 percent. Gold miners are mostly higher. Among the big four banks, Commonwealth Bank and National Australia Bank are losing almost 2 percent. In other news, Viva Energy shares are down over 27 percent, while Domino’s Pizza shares are plunging almost 11 percent.
The Aussie dollar is trading at $0.635 on Tuesday.
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