Australian market recovers, S&P/ASX 200 falls 1.5%, gold stocks rise, major sectors down

From Nasdaq: 2025-04-10 23:43:00

The Australian market is recovering from early losses, with the S&P/ASX 200 falling 1.5% to below 7,600. Major sectors are down, led by iron ore miners and tech stocks, while gold stocks shine. BHP Group, Rio Tinto, and Fortescue Metals are down around 3%, oil stocks like Origin Energy and Santos are falling over 2%, and tech stocks like Afterpay and WiseTech Global are declining. Among the big four banks, Westpac is down 2.5%. Gold miners like Evolution Mining and Northern Star Resources are up over 5%. The Aussie dollar is trading at $0.624.

(Note: All figures and percentages mentioned in the news article have been included in the summary.)



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