Australian market sees slight losses with mixed performances from key sectors and individual stocks

From Nasdaq.: 2025-06-04 23:25:00

The Australian market is seeing slight losses after opening in the green, with the S&P/ASX 200 staying below 8,550. Major miners like BHP Group and Rio Tinto are up, while oil stocks like Santos and Origin Energy are down. In the tech sector, Afterpay and WiseTech Global are up, while Zip is gaining almost 3 percent. Among the big four banks, Commonwealth Bank and ANZ Banking are down, while Westpac is up. In other news, IperionX shares are soaring after a US Department of Defence contract, while Tyro payments shares are tumbling due to CEO exit. Lynas shares are surging after disruptions in rare earths supply chains. The Aussie dollar is trading at $0.650.



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