{"id":76893,"date":"2026-08-10T03:32:04","date_gmt":"2026-08-10T03:32:04","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2026\/08\/10\/australian-market-expands-early-losses-in-mid-market\/"},"modified":"2026-08-10T03:32:04","modified_gmt":"2026-08-10T03:32:04","slug":"australian-market-expands-early-losses-in-mid-market","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2026\/08\/10\/australian-market-expands-early-losses-in-mid-market\/","title":{"rendered":"Australian Market Expands Early Losses In Mid-market"},"content":{"rendered":"<p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> The Australian stock market is expanding its early losses in mid-market trading on Monday, adding to the slight losses in the previous session, despite the broadly positive cues from Wall Street on Friday. The benchmark S&amp;P\/ASX 200 index is falling well below the 9,250.00 level, with weakness in energy and financial partially offset by gains in mining stocks.<\/p>\n<p>The benchmark S&amp;P\/ASX 200 Index is losing 42.00 points or 0.45 percent to 9,221.60, after hitting a low of 9,204.50 earlier. The broader All Ordinaries Index is down 34.30 points or 0.36 percent to 9,410.80. Australian stocks closed slightly lower on Friday. <\/p>\n<p>Among the major miners, Fortescue is edging up 0.3 percent, Mineral Resources is advancing almost 2 percent, Rio Tinto is adding almost 1 percent and BHP Group is gaining more than 1 percent.<\/p>\n<p>Oil stocks are mostly lower. Beach energy and Origin Energy are losing more than 1 percent each, while Woodside Energy and Santos are edging down 0.2 percent each.<\/p>\n<p>Among tech stocks, Afterpay owner Block is losing almost 2 percent and Appen is losing almost 1 percent. WiseTech Global and Xero are advancing almost 2 percent each, while Zip is edging up 0.4 percent.<\/p>\n<p>Gold miners are mostly higher. Resolute Mining is surging more than 1 percent, Newmont is advancing more than 4 percent, Genesis Minerals is up more than 1 percent, Northern Star Resources is adding almost 2 percent and Evolution Mining is gaining more than 1 percent.<\/p>\n<p>Among the big four banks, Commonwealth Bank is down more than 1 percent and Westpac is declining almost 5 percent, while National Australia Bank and ANZ Banking are losing almost 2 percent each.<\/p>\n<p>In other news, shares in FleetPartners are jumping almost 11 percent after the vehicle leasing company rejected a $3.60 per share takeover bid at from SG Fleet, and reported that it had received a $3.80 offer over the weekend from Element Fleet Management.<\/p>\n<p>In the currency market, the Aussie dollar is trading at $0.706 on Monday. <\/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 Expands Early Losses In Mid-market<\/a><br \/>\n<br \/>2026-08-10 03:32:04<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Australian stock market is expanding its early losses in mid-market trading on Monday, adding to the slight losses in the previous session, despite the broadly positive cues from Wall&#8230;<\/p>\n","protected":false},"author":2,"featured_media":76894,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[30],"tags":[],"class_list":["post-76893","post","type-post","status-publish","format-standard","has-post-thumbnail","category-asian-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/76893","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=76893"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/76893\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/76894"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=76893"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=76893"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=76893"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}