Australian Market Maintains Early Gains In Mid-market Trades
From Nasdaq: 2025-02-13 21:36:05
The Australian stock market continues to rise, with the S&P/ASX 200 nearing the 8,600 level at all-time highs, driven by gains in technology stocks. Major miners like BHP Group and Rio Tinto are up, while oil stocks like Origin Energy and Woodside Energy are also on the rise. Tech stocks including Xero and WiseTech Global are posting gains. Gold miners like Newmont and Evolution Mining are up, but AMP shares are down over 14% after a profit drop. Cochlear shares are also down almost 13% due to a profit forecast downgrade. The Aussie dollar is trading at $0.632.
Read more at Nasdaq: Australian Market Maintains Early Gains In Mid-market Trades