From Nasdaq: 2025-05-05 23:45:00

The Australian stock market is slightly higher in mid-market trading, with the S&P/ASX 200 gaining 3.80 points to 8,161.60. Gold miners are up, while iron ore miners, financial, and some tech stocks are weak. BHP Group, Fortescue Metals, and Rio Tinto are down, while Mineral Resources is up. Oil stocks are mixed, with Origin Energy down and Beach Energy and Santos up. Among tech stocks, Afterpay and Zip are up, while WiseTech Global, Appen, and Xero are down. Gold miners, including Evolution Mining and Northern Star Resources, are mostly higher. Big four banks are down. Skycity Entertainment Group shares are down over 5% after earnings guidance downgrade, while NextDC shares are up almost 8%.

In other news, Skycity Entertainment Group shares are down over 5% after earnings guidance downgrade, while NextDC shares are up almost 8%. The Aussie dollar is trading at $0.645.



Read more at Nasdaq: Australian Market Slightly Higher In Mid-market After Early Losses