{"id":64548,"date":"2025-09-24T03:26:02","date_gmt":"2025-09-24T03:26:02","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2025\/09\/24\/australian-market-doubles-early-losses-in-mid-market-2\/"},"modified":"2025-09-24T03:26:02","modified_gmt":"2025-09-24T03:26:02","slug":"australian-market-doubles-early-losses-in-mid-market-2","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2025\/09\/24\/australian-market-doubles-early-losses-in-mid-market-2\/","title":{"rendered":"Australian Market Doubles Early Losses In Mid-market"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> The Australian stock market is doubling its early losses in mid-market moves on Wednesday, snapping a three-session winning streak, with the benchmark S&amp;P\/ASX 200 falling below the 8,800 level, following the broadly negative cues from Wall Street overnight, with weakness in gold miners, financial and <span class=\"landLinks\">technology<\/span> stocks partially offset by gains in iron ore miners and energy stocks.<\/p>\n<p>The benchmark S&amp;P\/ASX 200 Index is losing 83.90 points or 0.95 percent to 8,762.00, after hitting a low of 8,748.80 earlier. The broader All Ordinaries Index is down 86.60 points or 0.95 percent to 9,051.20. Australian stocks ended modestly higher on Tuesday.<\/p>\n<p>Among major miners, BHP Group and Fortescue are edging down 0.1 to 0.5 percent each, while Rio Tinto is losing almost 1 percent. Mineral Resources is gaining more than 2 percent.<\/p>\n<p>Oil stocks are mostly higher. Woodside Energy is edging up 0.4 percent, Santos is adding more than 1 percent and Beach energy is gaining almost 1 percent, while Origin Energy is edging down 0.1 percent. <\/p>\n<p>In the tech space, Afterpay owner Block, Appen and Xero are losing more than 1 percent each, while Zip is declining almost 5 percent and WiseTech Global is slipping almost 3 percent.<\/p>\n<p>Among the big four banks, ANZ Banking and National Australia bank are losing almost 2 percent each, while Westpac is declining more than 2 percent and Commonwealth Bank is down almost 1 percent.<\/p>\n<p>Among gold miners, Evolution Mining and Gold Road Resources are edging down 0.3 to 0.4 percent each, while Resolute Mining is declining more than 2 percent and Northern Star Resources is down almost 1 percent. Newmont is edging up 0.2 percent.<\/p>\n<p>In other news, shares in Race Oncology are soaring more than 12 percent after achieving an important milestone with Korean regulatory approval for its investigational anticancer drug RC220.<\/p>\n<p>Shares in Barton Gold are jumping more than 11 percent after the gold miner announced promising new gold and silver exploration results.<\/p>\n<p>In the currency market, the Aussie dollar is trading at $0.662 on Wednesday. <\/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 Doubles Early Losses In Mid-market<\/a><br \/>\n<br \/>2025-09-24 03:26:02<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Australian stock market is doubling its early losses in mid-market moves on Wednesday, snapping a three-session winning streak, with the benchmark S&amp;P\/ASX 200 falling below the 8,800 level, following&#8230;<\/p>\n","protected":false},"author":2,"featured_media":64549,"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-64548","post","type-post","status-publish","format-standard","has-post-thumbnail","category-asian-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/64548","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=64548"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/64548\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/64549"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=64548"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=64548"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=64548"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}