{"id":61158,"date":"2025-06-24T03:17:28","date_gmt":"2025-06-24T03:17:28","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2025\/06\/24\/australian-market-maintains-early-gains-in-mid-market-5\/"},"modified":"2025-06-24T03:17:28","modified_gmt":"2025-06-24T03:17:28","slug":"australian-market-maintains-early-gains-in-mid-market-5","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2025\/06\/24\/australian-market-maintains-early-gains-in-mid-market-5\/","title":{"rendered":"Australian Market Maintains Early Gains In Mid-market"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> The Australian stock market is maintaining its early gains in mid-market trading on Tuesday, snapping a five-session losing streak, following the broadly positive cues from Wall Street overnight. The benchmark S&amp;P\/ASX 200 is moving above the 8,550 level, with gains in mining, financial and <span class=\"landLinks\">technology<\/span> stocks partially offset by weakness in energy stocks amid tumbling crude oil prices.<\/p>\n<p>The benchmark S&amp;P\/ASX 200 Index is gaining 81.00 points or 0.96 percent to 8,555.90, after touching a high of 8,574.00 earlier. The broader All Ordinaries Index is up 84.80 points or 0.98 percent to 8,772.80. Australian stocks closed slightly lower on Monday.<\/p>\n<p>Among the major miners, BHP Group is gaining more than 2 percent, Rio Tinto is rising almost 3 percent, Fortescue Metals is advancing more than 3 percent and Mineral Resources is adding almost 2 percent.<\/p>\n<p>Oil stocks are mostly lower. Origin Energy is losing 2.5 percent, Beach energy is sliding 3.5 percent, Woodside Energy is tumbling more than 7 percent and Santos is down more than 1 percent.<\/p>\n<p>Among tech stocks, Afterpay owner Block is up almost 1 percent, Xero is adding more than 1 percent, Zip is surging more than 6 percent, WiseTech Global is gaining almost 4 percent and Appen is jumping almost 8 percent.<\/p>\n<p>Gold miners are mixed. Evolution Mining is gaining almost 2 percent, Resolute Mining is adding almost 1 percent and Gold Road Resources is edging up 0.2 percent, while Northern Star resources and Newmont are edging down 0.4 percent each.<\/p>\n<p>Among the big four banks, Commonwealth Bank and National Australia Bank are gaining almost 2 percent each, while Westpac is adding almost 3 percent and ANZ Banking is up more than 1 percent.<\/p>\n<p>In other news, shares in Collins Foods are skyrocketing almost 19 percent after the KFC operator reported better-than-expected results for the full-year 2025. However, it cut dividend by 7% due to a decline in profit.<\/p>\n<p>In the currency market, the Aussie dollar is trading at $0.648 on Tuesday. <\/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 Maintains Early Gains In Mid-market<\/a><br \/>\n<br \/>2025-06-24 03:17:28<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Australian stock market is maintaining its early gains in mid-market trading on Tuesday, snapping a five-session losing streak, following the broadly positive cues from Wall Street overnight. The benchmark&#8230;<\/p>\n","protected":false},"author":2,"featured_media":61159,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[30],"tags":[],"class_list":["post-61158","post","type-post","status-publish","format-standard","has-post-thumbnail","category-asian-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/61158","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=61158"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/61158\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/61159"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=61158"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=61158"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=61158"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}