Australian market up with gains in mining and energy but weakness in financial and tech stocks

From Nasdaq: 2025-01-13 21:54:22

The Australian stock market is slightly up today, with the S&P/ASX 200 index surpassing 8,200.00, driven by gains in mining and energy stocks, offset by weakness in financial and technology stocks. Major miners like BHP Group and Rio Tinto are up, while oil stocks such as Origin Energy and Woodside Energy are also on the rise. However, tech stocks like Afterpay and Appen are declining. Gold miners are mostly up, and big banks like Westpac and National Australia Bank are slightly down. City Chic Collective’s shares are soaring after strong holiday trading, despite a revenue decline. The Aussie dollar is trading at $0.618.



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