{"id":74465,"date":"2026-06-11T03:25:14","date_gmt":"2026-06-11T03:25:14","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2026\/06\/11\/australian-market-trims-early-losses-in-mid-market-37\/"},"modified":"2026-06-11T03:25:14","modified_gmt":"2026-06-11T03:25:14","slug":"australian-market-trims-early-losses-in-mid-market-37","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2026\/06\/11\/australian-market-trims-early-losses-in-mid-market-37\/","title":{"rendered":"Australian Market Trims 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 market is trimming its early losses in mid-market moves on Thursday, but reversing the gains in the previous session, following the broadly negative cues from Wall Street overnight. The benchmark S&amp;P\/ASX 200 is falling well below the 8,650 level, with weakness across most sectors led by mining and <span class=\"landLinks\">technology<\/span> stocks. Energy stocks were the only bright spot.<\/p>\n<p>The benchmark S&amp;P\/ASX 200 Index is losing 35.50 points or 0.41 percent to 8,617.80, after hitting a low of 8,555.30 earlier. The broader All Ordinaries Index is down 43.40 points or 0.49 percent to 8,813.60. Australian stocks ended notably lower on Wednesday.<\/p>\n<p>Among major miners, BHP Group and Rio Tinto are declining more than 1 percent each, while Fortescue is slipping more than 2 percent and Mineral Resources is losing almost 4 percent.<\/p>\n<p>Oil stocks are mostly higher. Beach energy, Santos and Woodside Energy are advancing almost 3 percent each, while Origin Energy is gaining almost 2 percent.<\/p>\n<p>In the tech space, Afterpay owner Block is slipping 2.5 percent and Xero is down more than 2 percent, while Zip and WiseTech Global are losing almost 2 percent each. Appen is flat<\/p>\n<p>Among the big four banks, Westpac, ANZ Banking, National Australia Bank and Commonwealth Bank are all losing almost 1 percent each.<\/p>\n<p>Among gold miners, Evolution Mining is losing almost 4 percent, Northern Star Resources is declining more than 4 percent, Newmont is tumbling almost 5 percent, Genesis Minerals is slipping almost 6 percent and Resolute Mining is sliding more than 5 percent.<\/p>\n<p>In the currency market, the Aussie dollar is trading at $0.700 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 Trims Early Losses In Mid-market<\/a><br \/>\n<br \/>2026-06-11 03:25:14<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Australian market is trimming its early losses in mid-market moves on Thursday, but reversing the gains in the previous session, following the broadly negative cues from Wall Street overnight&#8230;.<\/p>\n","protected":false},"author":2,"featured_media":74466,"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-74465","post","type-post","status-publish","format-standard","has-post-thumbnail","category-asian-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/74465","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=74465"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/74465\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/74466"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=74465"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=74465"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=74465"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}