Australian Market Maintains Slight Losses In Mid-market
From Nasdaq: 2025-05-13 23:35:00
The Australian stock market is down, with the S&P/ASX 200 dropping 0.11% to 8,260.30. Major miners like BHP Group and Rio Tinto are down, while Mineral Resources and Fortescue metals are up. Oil stocks are mixed, with Woodside Energy and Beach energy gaining, and Origin Energy losing. In the tech sector, Afterpay and Zip are surging, while WiseTech Global and Xero are up. Among the big four banks, National Australia bank and Commonwealth Bank are gaining, while Westpac is down. Gold miners like Evolution Mining and Gold Road Resources are up, but Newmont and Northern Star Resources are down. Aristocrat Leisure and Insignia Financial shares are plummeting after reporting negative results and failed takeover talks, respectively. The Aussie dollar is trading at $0.648.
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