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The Australian stock market is swinging to notable gains in mid-market moves on Wednesday after opening in the red, extending the gains in the previous three sessions, with the benchmark S&P\/ASX 200 moving above the 8,950 level, following the mixed cues from Wall Street overnight, with gains across most sectors led by in gold miners and technology<\/span> stocks. Energy stocks are the only weak spot amid tumbling crude oil prices.<\/p>\n The benchmark S&P\/ASX 200 Index is gaining 47.20 points or 0.53 percent to 8,964.90, after hitting a low of 8,888.10 and a high of 8,976.80 earlier. The broader All Ordinaries Index is up 50.90 points or 0.56 percent to 9,182.20. Australian stocks ended slightly higher on Tuesday.<\/p>\n Among major miners, BHP Group is adding almost 1 percent, Fortescue is gaining more than 1 percent, Mineral Resources is advancing almost 3 percent and Rio Tinto is edging up 0.4 percent.<\/p>\n Oil stocks are mostly lower. Woodside Energy is declining almost 4 percent, Beach energy is slipping almost 3 percent, Santos is losing almost 2 percent and Origin Energy is down more than 1 percent.<\/p>\n In the tech space, Afterpay owner Block and Appen are gaining almost 1 percent each, while Zip is adding almost 2 percent, Xero is up more than 1 percent and WiseTech Global is advancing almost 3 percent.<\/p>\n Among the big four banks, National Australia bank, Westpac and ANZ Banking are adding almost 1 percent each, while Commonwealth Bank is gaining more than 1 percent.<\/p>\n Among gold miners, Evolution Mining and Northern Star Resources are gaining more than 3 percent each, while Newmont is adding more than 2 percent, Resolute Mining is jumping more than 6 percent and Genesis Minerals is surging almost 5 percent.<\/p>\n In other news, shares in ARN Media are skyrocketing more than 21 percent after it reached a settlement on all legal proceedings with former star broadcaster Kyle Sandilands, agreeing to pay $12.09 million in cash and provide $1.5 million in advertising to end his association with the company.<\/p>\n Shares in Symal Group are jumping more than 9 percent after it agreed to acquire 100 per cent of Queensland-based Shamrock Civil in a $51 million upfront deal.<\/p>\n In the currency market, the Aussie dollar is trading at $0.707 on Wednesday. <\/p>\n<\/p>\n Market Analysis<\/p>\n<\/div>\n