From Nasdaq: 2025-05-29 23:32:00

The Australian stock market is experiencing modest gains, with the S&P/ASX 200 staying above 8,400. Gold miners and financial stocks are up, while iron ore miners and tech stocks are down. Major miners like Fortescue Metals and Rio Tinto are seeing losses, while BHP Group is slightly up. Oil stocks and tech stocks are mostly down. Among the big four banks, Commonwealth Bank and National Australia Bank are up. Gold miners are mostly higher, with Evolution Mining and Northern Star Resources seeing gains. In economic news, Australian retail sales fell 0.1% in April 2025, and total dwellings approved unexpectedly shrank by 5.7%. Private sector credit increased by 0.7%. The Aussie dollar is trading at $0.642.



Read more at Nasdaq: Australian Market Swings To Modest Gains In Mid-market