Australian Market Slightly Extends Early Losses In Mid-market
From Nasdaq: 2025-05-25 23:30:00
The Australian stock market is slightly down in mid-market trading on Monday, following negative cues from Wall Street. The S&P/ASX 200 index is near 8,350.00, with weakness in mining, energy, and financial stocks offset by gains in gold miners and technology stocks. Major miners like BHP Group and Rio Tinto are down, while Fortescue Metals is up slightly. Oil stocks are mostly lower, with Origin Energy declining almost 5 percent. Among tech stocks, WiseTech Global is gaining almost 6 percent after acquiring E2open for US$2.1 billion. Gold miners are mostly higher. In the currency market, the Aussie dollar is trading at $0.653.
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