Australian Market Slashes Early Gains In Mid-market

From Nasdaq: 2025-06-26 23:20:00

The Australian stock market is making gains near the 8,600 level, with mining and technology stocks leading the way. The S&P/ASX 200 Index is up 0.11 percent to 8,559.90, while the All Ordinaries Index is up 0.18 percent to 8,789.10. Major miners like BHP Group and Fortescue Metals are up more than 3 percent, while tech stocks like WiseTech Global are also seeing gains. However, shares in Reece are plunging over 14 percent after cutting its earnings outlook for 2025. The Aussie dollar is trading at $0.655.



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