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The Australian market is trimming its early gains in mid-market moves on Thursday, but extending the gains in the previous four sessions, following the mixed cues from Wall Street overnight. The benchmark S&P\/ASX 200 is moving well above the 9,250 level to fresh all-time highs, with gains in mining and financial stocks partially offset by weakness in energy and technology<\/span> stocks.<\/p>\n The benchmark S&P\/ASX 200 Index is gaining 41.20 points or 0.45 percent to 9,269.00, after touching an all-time high of 9,296.70 earlier. The broader All Ordinaries Index is up 46.10 points or 0.49 percent to 9,451.50. Australian stocks ended significantly higher on Wednesday.<\/p>\n Among major miners, BHP Group and Fortescue are gaining more than 1 percent each, while Mineral Resources is advancing more than 2 percent and Rio Tinto is adding almost 1 percent.<\/p>\n Oil stocks are mostly lower. Woodside Energy and Santos are losing more than 1 percent each, while Beach energy is tumbling more than 5 percent and Origin Energy is down almost 1 percent.<\/p>\n In the tech space, Afterpay owner Block is losing almost 3 percent, WiseTech Global is declining more than 3 percent, Xero is down almost 1 percent and Appen is slipping almost 2 percent. Zip is flat.<\/p>\n Among the big four banks, ANZ Banking, Commonwealth Bank, Westpac and National Australia Bank are gaining almost 1 percent each.<\/p>\n Among gold miners, Genesis Minerals is surging more than 7 percent and Evolution Mining is jumping more than 6 percent, while Northern Star Resources, Resolute Mining and Newmont are advancing more than 5 percent each.<\/p>\n In economic news, Australia posted a merchandise trade surplus of A$1.929 billion in June, the Australian Bureau of Statistics said on Thursday. That exceeded expectations for a deficit of A$1.060 billion following the downwardly revised A$2.367 billion shortfall in May (originally -A$3.018 billion).<\/p>\n Exports rose 9.6 percent on month to A$4.196 billion, after sinking a downwardly revised 7.6 percent in the previous month (originally -6.9 percent). Imports fell 0.2 percent to -A$100 million after losing a downwardly revised 0.9 percent a month earlier (originally 1.1 percent).<\/p>\n In the currency market, the Aussie dollar is trading at $0.706 on Thursday. <\/p>\n<\/p>\n Market Analysis<\/p>\n<\/div>\n