Australian stock market facing losses with S&P/ASX 200 falling below 8,200 due to negative cues.

From Nasdaq: 2024-12-30 22:02:23

The Australian stock market is facing losses, with the S&P/ASX 200 falling below 8,200 due to negative cues from Wall Street. Mining, financial, and tech stocks are down, while energy stocks are up. Major miners like BHP Group and Rio Tinto are declining, while Oil stocks like Beach energy are gaining. Tech stocks like Afterpay and WiseTech Global are down, while gold miners are mostly lower. Big four banks are also losing ground. Mesoblast shares are up over 9% after FDA approval of their MSC therapy. The Aussie dollar is trading at $0.623.



Read more at Nasdaq: Australian Market Trims Losses In Mid-market