The Australian stock market is seeing modest losses, with the S&P/ASX 200 index falling below 8,050.00. Major miners like BHP Group and Mineral Resources are gaining, while Rio Tinto and Fortescue are losing. Oil stocks are mostly lower, with Beach energy and Santos declining. Among tech stocks, Afterpay and Xero are down, while gold miners like Evolution Mining and Northern Star Resources are higher. Big four banks like Commonwealth Bank and Westpac are also losing. Shares in Nuix are up almost 12 percent after returning to profitability. The Aussie dollar is trading at $0.710.

Read more at Nasdaq: Australian Market Slips To Notable Losses In Mid-market