{"id":55616,"date":"2025-01-30T02:46:59","date_gmt":"2025-01-30T02:46:59","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2025\/01\/30\/australian-market-extends-gains-in-mid-market-4\/"},"modified":"2025-01-30T02:46:59","modified_gmt":"2025-01-30T02:46:59","slug":"australian-market-extends-gains-in-mid-market-4","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2025\/01\/30\/australian-market-extends-gains-in-mid-market-4\/","title":{"rendered":"Australian Market Extends Gains In Mid-market"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> The Australian market in extending its early gains in mid-market moves on Thursday, adding to the gains in the previous session, despite the broadly negative cues from Wall Street overnight. The benchmark S&amp;P\/ASX 200 is above the 8,500 level, with gains across most sectors led by mining, energy and financial stocks.<\/p>\n<p>The benchmark S&amp;P\/ASX 200 Index is gaining 64.00 points or 0.76 percent to 8,511.00, after touching a high of 8,511.10 earlier. The broader All Ordinaries Index is up 63.80 points or 0.73 percent to 8,764.50. Australian stocks ended notably higher on Wednesday.<\/p>\n<p>Among major miners, Fortescue Metals is gaining almost 1 percent, while BHP Group and Rio Tinto are adding more than 1 percent each. Mineral Resources is slipping 2.5 percent.<\/p>\n<p>Oil stocks are mostly higher. Woodside Energy and Beach energy are gaining more than 1 percent each, while Origin Energy and Santos are adding almost 1 percent each.<\/p>\n<p>In the tech space, WiseTech Global is gaining almost 1 percent and Xero is edging up 0.3 percent, while Appen is sliding more than 9 percent and Zip is tumbling almost 23 percent, despite reporting upbeat results. Afterpay owner Block is in a trading halt.<\/p>\n<p>Among the big four banks, Commonwealth Bank is adding almost 1 percent and National Australia Bank is gaining more than 1 percent, while ANZ Banking and Westpac are edging up 0.4 to 0.5 percent each.<\/p>\n<p>Among gold miners, Gold Road Resources is gaining more than 1 percent and Evolution Mining is adding almost 1 percent, while Northern Star Resources and Newmont are edging up 0.2 to 0.5 percent each. Resolute Mining is losing more than 3 percent.<\/p>\n<p>In the currency market, the Aussie dollar is trading at $0.623 on Thursday. <\/p>\n<\/p>\n<p>Market Analysis<\/p>\n<\/div>\n<p><script type=\"text\/javascript\">\n        window.fbAsyncInit = function () {\n            FB.init({\n                status: true,\n                cookie: true,\n                xfbml: true\n            });\n        };\n        (function (d) {\n            var js, id = 'facebook-jssdk'; if (d.getElementById(id)) { return; }\n            js = d.createElement('script'); js.id = id; js.async = true;\n            js.src = \"https:\/\/connect.facebook.net\/en_US\/all.js\";\n            d.getElementsByTagName('head')[0].appendChild(js);\n        }(document));\n    <\/script><br \/>\n<br \/>\n<br \/>Australian Market Extends Gains In Mid-market<\/a><br \/>\n<br \/>2025-01-30 02:46:59<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Australian market in extending its early gains in mid-market moves on Thursday, adding to the gains in the previous session, despite the broadly negative cues from Wall Street overnight&#8230;.<\/p>\n","protected":false},"author":2,"featured_media":55617,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.unsplash.com\/photo-1535139262971-c51845709a48?ixid=MXwxMjA3fDB8MHxwaG90by1wYWdlfHx8fGVufDB8fHw=&ixlib=rb-1.2.1&auto=format&fit=crop&w=1950&q=80","fifu_image_alt":"","footnotes":""},"categories":[30],"tags":[],"class_list":["post-55616","post","type-post","status-publish","format-standard","has-post-thumbnail","category-asian-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/55616","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/comments?post=55616"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/55616\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/55617"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=55616"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=55616"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=55616"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}