{"id":62390,"date":"2025-07-28T03:27:23","date_gmt":"2025-07-28T03:27:23","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2025\/07\/28\/australian-market-trims-early-gains-in-mid-market-22\/"},"modified":"2025-07-28T03:27:23","modified_gmt":"2025-07-28T03:27:23","slug":"australian-market-trims-early-gains-in-mid-market-22","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2025\/07\/28\/australian-market-trims-early-gains-in-mid-market-22\/","title":{"rendered":"Australian Market Trims Early Gains In Mid-market"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> The Australian stock market is trimming its early gains in mid-market trading on Monday, reversing some of the losses in the previous two sessions, following the broadly positive cues from Wall Street on Friday. The benchmark S&amp;P\/ASX 200 index is staying above the 8,650.00 level, with gains in gold miners and financial stocks partially offset by weakness in iron ore miners and energy stocks.<\/p>\n<p>The benchmark S&amp;P\/ASX 200 Index is gaining 13.10 points or 0.15 percent to 8,680.00, after touching a high of 8,704.90 earlier. The broader All Ordinaries Index is up 11.70 points or 0.13 percent to 8,946.00. Australian stocks closed notably lower on Friday.<\/p>\n<p>Among the major miners, Rio Tinto, Fortescue and BHP Group are losing more than 1 percent each, while Mineral Resources is declining more than 5 percent.<\/p>\n<p>Oil stocks are mostly lower. Origin Energy is losing almost 2 percent, while Santos is edging down 0.3 percent and Beach energy is declining more than 1 percent, while Woodside Energy is edging up 0.5 percent.<\/p>\n<p>Among tech stocks, Afterpay owner Block is gaining almost 3 percent and Xero is edging up 0.1 percent. WiseTech Global and Zip are edging down 0.1 to 0.3 percent each, while Appen is losing almost 3 percent.<\/p>\n<p>Gold miners are mostly higher. Northern Star Resources is adding more than 1 percent and Newmont is advancing more than 4 percent, while Evolution Mining and Gold Road Resources are gaining almost 1 percent each. Resolute Mining is losing more than 1 percent.<\/p>\n<p>Among the big four banks, National Australia Bank, Commonwealth Bank and ANZ Banking are edging up 0.1 to 0.4 percent each. Westpac is flat.<\/p>\n<p>In other news, shares in Boss Energy are crashing 43 percent after the uranium miner flagged potential challenges at its Honeymoon project.<\/p>\n<p>Shares in Helloworld Travel are jumping more than 13 percent after upgrading its full-year earnings guidance, despite softer booking volumes.<\/p>\n<p>In the currency market, the Aussie dollar is trading at $0.657 on Monday. <\/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 Trims Early Gains In Mid-market<\/a><br \/>\n<br \/>2025-07-28 03:27:23<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Australian stock market is trimming its early gains in mid-market trading on Monday, reversing some of the losses in the previous two sessions, following the broadly positive cues from&#8230;<\/p>\n","protected":false},"author":2,"featured_media":62391,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[30],"tags":[],"class_list":["post-62390","post","type-post","status-publish","format-standard","has-post-thumbnail","category-asian-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/62390","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=62390"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/62390\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/62391"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=62390"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=62390"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=62390"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}