Australian stock market rebounds with gains, nearing 8,000 mark, led by energy and mining stocks.

From Nasdaq: 2025-03-27 23:10:00

The Australian stock market rebounds with modest gains, nearing the 8,000 mark, despite negative cues from Wall Street. The S&P/ASX 200 Index is up 0.23% to 7,987.20, with energy and mining stocks leading the way. Major miners like BHP Group and Mineral Resources are up, while tech stocks like Block and Zip are down. Among oil stocks, Santos and Woodside Energy are gaining. Big four banks like National Australia Bank and Westpac are also seeing gains. Gold miners like Evolution Mining and Northern Star Resources are up. The Aussie dollar is trading at $0.629 on Friday.



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