{"id":76831,"date":"2026-08-07T03:18:37","date_gmt":"2026-08-07T03:18:37","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2026\/08\/07\/australian-market-trims-early-losses-in-mid-market-45\/"},"modified":"2026-08-07T03:18:37","modified_gmt":"2026-08-07T03:18:37","slug":"australian-market-trims-early-losses-in-mid-market-45","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2026\/08\/07\/australian-market-trims-early-losses-in-mid-market-45\/","title":{"rendered":"Australian Market Trims Early Losses In Mid-market"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> The Australian stock market is trimming its early losses in mid-market moves on Friday, snapping a five-session winning streak, following the broadly negative cues from Wall Street overnight. The benchmark S&amp;P\/ASX 200 is falling to near the 9,250 level, with weakness in financial and <span class=\"landLinks\">technology<\/span> stocks partially offset by gains in gold miners and energy stocks.<\/p>\n<p>The benchmark S&amp;P\/ASX 200 Index is losing 8.90 points or 0.09 percent to 9,262.70, after hitting a low of 9,216.70 earlier. The broader All Ordinaries Index is down 6.80 points or 0.07 percent to 9,445.20. Australian stocks closed notably higher on Thursday.<\/p>\n<p>Among major miners, Rio Tinto and BHP Group are edging down 0.1 percent each, while Fortescue is losing almost 1 percent. Mineral Resources is gaining almost 2 percent.<\/p>\n<p>Oil stocks are mostly higher. Woodside Energy and Santos are gaining almost 1 percent each, while Origin Energy is edging up 0.3 percent. Beach energy is losing almost 1 percent.<\/p>\n<p>Among tech stocks, Afterpay and Square-owner Block is sliding almost 5 percent, Zip is losing almost 4 percent and Appen is slipping almost 3 percent, while Xero and WiseTech Global are gaining more than 1 percent each.<\/p>\n<p>Among the big four banks, Commonwealth Bank and Westpac are declining almost 2 percent each, while ANZ Banking and National Australia Bank are losing more than 1 percent each.<\/p>\n<p>Gold miners are mostly higher. Northern Star Resources and Evolution Mining are gaining almost 1 percent, while Newmont and Resolute Mining are advancing more than 1 percent each. Genesis Minerals is adding more than 2 percent.<\/p>\n<p>In the currency market, the Aussie dollar is trading at $0.703 on Friday. <\/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 \/>2026-08-07 03:18:37<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Australian stock market is trimming its early losses in mid-market moves on Friday, snapping a five-session winning streak, following the broadly negative cues from Wall Street overnight. The benchmark&#8230;<\/p>\n","protected":false},"author":2,"featured_media":76832,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[30],"tags":[],"class_list":["post-76831","post","type-post","status-publish","format-standard","has-post-thumbnail","category-asian-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/76831","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=76831"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/76831\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/76832"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=76831"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=76831"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=76831"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}