{"id":59466,"date":"2025-05-08T03:21:56","date_gmt":"2025-05-08T03:21:56","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2025\/05\/08\/australian-market-swings-to-slight-gains-in-mid-market\/"},"modified":"2025-05-08T03:21:56","modified_gmt":"2025-05-08T03:21:56","slug":"australian-market-swings-to-slight-gains-in-mid-market","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2025\/05\/08\/australian-market-swings-to-slight-gains-in-mid-market\/","title":{"rendered":"Australian Market Swings To Slight Gains In Mid-market"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> The Australian market is turning its early losses to slight gains in mid-market moves on Thursday after opening in the red, extending the slight gains in the previous session, following the broadly positive cues from Wall Street overnight. The benchmark S&amp;P\/ASX 200 is staying just below the 8,200 level, with gains in gold miners and <span class=\"landLinks\">technology<\/span> stocks partially offset by weakness in financial stocks.<\/p>\n<p>The benchmark S&amp;P\/ASX 200 Index is gaining 12.20 points or 0.15 percent to 8,190.50, after hitting a low of 8,154.80 earlier. The broader All Ordinaries Index is up 20.80 points or 0.25 percent to 8,420.60. Australian stocks ended modestly higher on Wednesday. <\/p>\n<p>Among major miners, Rio Tinto is gaining almost 1 percent, while BHP Group is edging down 0.1 percent and Fortescue Metals is losing almost 1 percent. Mineral Resources is flat.<\/p>\n<p>Oil stocks are mixed. Santos is edging down 0.3 percent and Woodside Energy is losing almost 1 percent, while Origin Energy is gaining more than 1 percent and Beach energy is edging up 0.4 percent.<\/p>\n<p>In the tech space, Afterpay owner Block and WiseTech Global are gaining almost 3 percent each, while Appen and Zip are adding almost 2 percent each. Xero is up almost 1 percent.<\/p>\n<p>Among the big four banks, Commonwealth Bank is down almost 1 percent, Westpac is declining 4.5 percent and ANZ Banking is losing more than 3 percent, while National Australia Bank is gaining more than 1 percent.<\/p>\n<p>Among gold miners, Northern Star Resources is adding almost 3 percent, Gold Road Resources is edging up 0.5 percent, Newmont is up almost 2 percent, Evolution Mining is gaining more than 3 percent and Resolute Mining is surging more than 4 percent.<\/p>\n<p>In the currency market, the Aussie dollar is trading at $0.646 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 Swings To Slight Gains In Mid-market<\/a><br \/>\n<br \/>2025-05-08 03:21:56<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Australian market is turning its early losses to slight gains in mid-market moves on Thursday after opening in the red, extending the slight gains in the previous session, following&#8230;<\/p>\n","protected":false},"author":2,"featured_media":59467,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[30],"tags":[],"class_list":["post-59466","post","type-post","status-publish","format-standard","has-post-thumbnail","category-asian-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/59466","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=59466"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/59466\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/59467"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=59466"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=59466"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=59466"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}