Australian stock market sees strong gains led by financial, tech stocks

From NASDAQ MarketSite: 2025-04-22 23:25:00

The Australian stock market is seeing strong gains, with the S&P/ASX 200 up 1.58% to 7,940.30, led by financial and tech stocks. Major miners like BHP Group are up over 3%, while oil stocks like Santos are rising more than 5%. Among tech companies, Afterpay owner Block is surging almost 7%. However, gold miners like Newmont are sliding more than 5%. In other news, Paladin Energy shares are up over 27% due to record output, while Telix Pharmaceuticals shares are soaring over 11% on strong revenues. The Aussie dollar is trading at $0.640.



Read more at NASDAQ MarketSite: Australian Market Maintains Strong Early Gains In Mid-market