Australian Market Slightly Trims Early Losses In Mid-market

From Nasdaq.: 2025-02-16 21:47:24

The Australian stock market is down in mid-market trading, with the S&P/ASX 200 index falling 0.66% to 8,499.00. Major miners like BHP Group and Rio Tinto are seeing declines, while oil stocks like Santos and Woodside Energy are mixed. Tech stocks like Zip and Appen are up, while gold miners are mostly lower. Big four banks are also seeing declines, with Westpac down almost 6%. BlueScope shares are up 10% despite a drop in profit, while A2 Milk shares soar 18% on upgraded guidance. Bendigo and Adelaide Bank shares are down 17%. The Aussie dollar is trading at $0.636.



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