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The Australian stock market is extending its early gains in mid-market moves on Wednesday after opening in the red, reversing some of the losses in the previous two sessions, with the benchmark S&P\/ASX 200 staying above the 8,800 level, following the broadly positive cues from Wall Street overnight, with gains in financial and technology<\/span> stocks partially offset by weakness in mining and energy stocks.<\/p>\n The benchmark S&P\/ASX 200 Index is gaining 22.30 points or 0.25 percent to 8,825.80, after touching a high of 8,826.20 earlier. The broader All Ordinaries Index is up 11.40 points or 0.13 percent to 9,092.10. Australian stocks ended notably lower on Tuesday.<\/p>\n Among major miners, BHP Group is losing more than 1 percent, Fortescue is down almost 1 percent, Rio Tinto is declining almost 2 percent and Mineral Resources is tumbling more than 8 percent.<\/p>\n Oil stocks are lower. Woodside Energy, Origin Energy and Santos are edging down 0.1 to 0.3 percent each, while Beach energy is losing more than 1 percent.<\/p>\n In the tech space, Afterpay owner Block is edging up 0.2 percent, while Xero and Zip are adding almost 1 percent each. WiseTech Global and Appen are flat.<\/p>\n Among the big four banks, ANZ Banking, National Australia bank, Westpac and Commonwealth Bank are all gaining more than 1 percent each.<\/p>\n Among gold miners, Evolution Mining is losing more than 1 percent, Gold Road Resources is down almost 1 percent, while Northern Star Resources and Resolute Mining are slipping almost 2 percent each. Newmont is flat.<\/p>\n In other news, shares in Iluka Resources are tumbling more than 11 percent on news the miner will halt production at its Cataby mine in Western Australia from December 1 due to subdued demand for mineral sands.<\/p>\n In the currency market, the Aussie dollar is trading at $0.660 on Wednesday. <\/p>\n<\/p>\n Market Analysis<\/p>\n<\/div>\n