Australian market rebounds with S&P/ASX 200 up 4.7%, led by mining and tech stocks
From Nasdaq: 2025-04-09 23:25:00
The Australian market is rebounding, with the S&P/ASX 200 surging 4.7 percent to above 7,700, led by gains in mining and technology stocks. Major miners like Mineral Resources and BHP Group are up, while oil stocks are also mostly higher. In the tech sector, Afterpay owner Block and other companies are seeing significant gains. Big four banks like Commonwealth Bank and ANZ Banking are advancing, along with gold miners like Northern Star Resources and Evolution Mining. The Aussie dollar is trading at $0.614 on Thursday.
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