{"id":74993,"date":"2026-06-24T03:25:22","date_gmt":"2026-06-24T03:25:22","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2026\/06\/24\/australian-market-trims-early-gains-in-mid-market-46\/"},"modified":"2026-06-24T03:25:22","modified_gmt":"2026-06-24T03:25:22","slug":"australian-market-trims-early-gains-in-mid-market-46","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2026\/06\/24\/australian-market-trims-early-gains-in-mid-market-46\/","title":{"rendered":"Australian Market Trims Early Gains 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 trimming its early gains in mid-market moves on Wednesday, snapping a four-session losing streak, with the benchmark S&amp;P\/ASX 200 moving up to near the 8,800 level, despite the broadly negative cues from Wall Street overnight, with weakness in mining and energy stocks partially offset by gains in <span class=\"landLinks\">technology<\/span> stocks.<\/p>\n<p>The benchmark S&amp;P\/ASX 200 Index is gaining 11.00 points or 0.13 percent to 8,798.00, after touching a high of 8,823.20 earlier. The broader All Ordinaries Index is up 11.50 points or 0.13 percent to 8,999.80. Australian stocks ended modestly lower on Tuesday.<\/p>\n<p>Among major miners, BHP Group is losing more than 1 percent, Rio Tinto is declining almost 2 percent, Fortescue is down almost 1 percent and Mineral Resources is slipping more than 2 percent.<\/p>\n<p>Oil stocks are mostly lower. Woodside Energy is declining almost 2 percent, Beach energy is slipping almost 3 percent and Santos is edging down 0.5 percent, while Origin Energy is edging up 0.3 percent.<\/p>\n<p>In the tech space, Afterpay owner Block is gaining more than 2 percent, Zip is adding more than 1 percent and Appen is advancing almost 2 percent, while WiseTech Global surging more than 5 percent and Xero is jumping almost 5 percent.<\/p>\n<p>Among the big four banks, National Australia bank is gaining almost 1 percent and Commonwealth Bank is edging up 0.4 percent, while Westpac and ANZ Banking are edging up 0.1 to 0.5 percent each.<\/p>\n<p>Among gold miners, Evolution Mining is losing almost 2 percent, Northern Star Resources is edging down 0.4 percent and Newmont is down more than 1 percent, while Resolute Mining and Genesis Minerals are declining almost 3 percent each.<\/p>\n<p>In the currency market, the Aussie dollar is trading at $0.692 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 Trims Early Gains In Mid-market<\/a><br \/>\n<br \/>2026-06-24 03:25:22<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Australian stock market is trimming its early gains in mid-market moves on Wednesday, snapping a four-session losing streak, with the benchmark S&amp;P\/ASX 200 moving up to near the 8,800&#8230;<\/p>\n","protected":false},"author":2,"featured_media":74994,"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-74993","post","type-post","status-publish","format-standard","has-post-thumbnail","category-asian-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/74993","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=74993"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/74993\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/74994"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=74993"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=74993"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=74993"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}