Australian stock market surges in mid-market trading, led by gains in mining and financial sectors.

From Nasdaq: 2025-04-13 23:17:00

The Australian stock market is surging in mid-market trading on Monday, with the S&P/ASX 200 index up over 1.3% led by gains in mining and financial sectors. Major miners like BHP Group and Rio Tinto are seeing gains, while oil stocks are mostly higher. Tech stocks like Xero and WiseTech Global are also on the rise, while gold miners are mostly higher. Big four banks are also seeing gains. In other news, DroneShield shares are up 16% after securing $32.2 million in contracts, and Neuren Pharmaceuticals shares are up nearly 18% following FDA approval for a Phase 3 trial.

The Aussie dollar is trading at $0.630 on Monday.



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