Australian Market Maintains Slight Losses In Mid-market

RTTNews | hace 78
Australian Market Maintains Slight Losses In Mid-market

(RTTNews) - The Australian stock market is maintaining its slight losses in mid-market moves on Wednesday, snapping a five-session winning streak, with the benchmark S&P/ASX 200 staying well below the 8,300 level, following the mixed cues from Wall Street overnight, with a mixed performance across most sectors. Traders are also booking some profits following the recent upside in the markets.

The benchmark S&P/ASX 200 Index is losing 8.70 points or 0.11 percent to 8,260.30, after hitting a low of 8,247.00 earlier. The broader All Ordinaries Index is down 4.70 points or 0.06 percent to 8,506.00. Australian stocks ended modestly higher on Tuesday.

Among major miners, BHP Group is losing almost 1 percent, Rio Tinto is edging down 0.2 percent, while Mineral Resources is gaining more than 1 percent and Fortescue metals is adding almost 1 percent.

Oil stocks are mostly higher. Woodside Energy is adding more than 3 percent, Santos is edging up 0.3 percent and Beach energy is gaining almost 1 percent, while Origin Energy is losing almost 2 percent.

In the tech space, Afterpay owner Block is surging more than 6 percent, Zip is advancing almost 6 percent and Appen is adding more than 4 percent, while WiseTech Global and Xero are gaining more than 1 percent each.

Among the big four banks, National Australia bank and Commonwealth Bank are gaining almost 1 percent each, while Westpac is losing almost 1 percent and ANZ Banking is edging up 0.1 percent.

Among gold miners, Evolution Mining is gaining almost 1 percent, Gold Road Resources is up almost 2 percent and Resolute Mining is adding more than 2 percent, while Newmont is declining almost 2 percent and Northern Star Resources is losing more than 1 percent.

In other news, shares in Aristocrat Leisure are tumbling almost 13 percent after the gaming technology company reported downbeat half-year results.

Shares in Insignia Financial are plunging almost 15 percent after the Bain Capital pulled out from takeover talks amid volatility in global capital markets.

In the currency market, the Aussie dollar is trading at $0.648 on Wednesday.

read more
Australian Market Trims Early Losses In Mid-market

Australian Market Trims Early Losses In Mid-market

The Australian market is trimming early losses in mid-market moves on Thursday, reversing some of the gains in the previous three sessions, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling below the 8,750 level, with weakness cross most sectors led by mining and energy stocks.
RTTNews | hace 1h 16min
Asian Markets Mostly Lower On Tariff Worries

Asian Markets Mostly Lower On Tariff Worries

Asian stock markets are trading mostly lower on Thursday, following the mixed cues from Wall Street overnight, as traders remain cautious ahead of the final deadline of August 1 set by the US President Donald Trump for reaching trade deals with its trading partner countries. Trump hinted at higher tariffs on certain countries after the deadline. Asian markets closed mixed on Wednesday.
RTTNews | hace 1h 41min
Sensex, Nifty Set For Weak Start On Tariff Concerns

Sensex, Nifty Set For Weak Start On Tariff Concerns

Indian shares may open on a sluggish note Thursday after the United States slapped a 25 percent tariff on India, effective August 1, and threatened further penalty on Russian oil and BRICS.
RTTNews | hace 2h 8min
Thai Stock Market May Run Out Of Steam On Thursday

Thai Stock Market May Run Out Of Steam On Thursday

The Thai stock market has finished higher in three straight sessions, collecting more than 30 points or 2.5 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,245-point plateau although it may spin its wheels on Thursday.
RTTNews | hace 2h 42min
Australia Export Prices Sink 4.5% In Q2

Australia Export Prices Sink 4.5% In Q2

Export prices in Australia were down 4.5 percent on quarter and 3.3 percent on year in the second quarter of 2025, the Australian Bureau of Statistics said on Thursday.
RTTNews | hace 2h 49min
Japanese Market Notably Higher

Japanese Market Notably Higher

The Japanese market is trading notably higher on Thursday, snapping a four-session losing streak, following the mixed cues from Wall Street overnight. The Nikkei 225 is falling below the 41,950 level, with gains in financial and technology stocks and a mixed performance in most other sectors.
RTTNews | hace 2h 54min
Australia Retail Sales Rise 1.2% In June

Australia Retail Sales Rise 1.2% In June

Retail sales in Australia were up a seasonally adjusted 1.2 percent on month in June, the Australian Bureau of Statistics said on Thursday - coming in at A$37.906 billion.
RTTNews | hace 2h 55min