Australian Market Slightly Trims Early Gains In Mid-market

From Nasdaq: 2025-05-28 23:25:00

The Australian market is slightly trimming early gains, with the S&P/ASX 200 moving above 8,400. Energy and technology stocks are up, while mining and financial stocks show mixed performance. Major miners like BHP Group and Rio Tinto are slightly down, while Mineral Resources and Fortescue Metals are up. Oil stocks like Santos and Woodside Energy are mostly higher. In the tech space, Afterpay owner Block and Appen are gaining. Among the big four banks, Westpac and National Australia Bank are up. Gold miners like Northern Star Resources and Newmont are slightly down. The Aussie dollar is trading at $0.642.



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