Australian stock market is up, led by iron ore miners and tech stocks, gold stocks weak.

From Nasdaq: 2025-03-16 22:48:17

The Australian stock market is up in mid-market trading, with the S&P/ASX 200 index rising above 7,800.00, led by gains in iron ore miners and technology stocks. Gold stocks are the only weak spot. The benchmark index is up 0.64 percent to 7,839.60, with the All Ordinaries Index up 0.71 percent to 8,070.50. Major miners like BHP Group and Rio Tinto are up, while tech stocks like Afterpay and Zip are also gaining. Oil stocks and some gold miners are seeing gains, while big banks like Commonwealth Bank are up. In other news, Spartan Resources and Smartpay Holdings are surging due to merger and takeover talks. The Aussie dollar is trading at $0.633.



Read more at Nasdaq: Australian Market Is Trimming Early Gains In Mid-market