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Calendars Stock Splits Conference Calls Earnings Calendar Earnings Calendar Pos Pre-announcements Profit Warnings Positive Surprise Negative Surprise Latest Earnings FDA Calendars Drug Approvals Clinical Trial Calendar Ratings Changes Cov Initiations Cov.
Reiterated Economic Calendar Economic Scorecard Cryptocurrency Market News Morning Mkt Analysis US Commentary European Commentary Asian Commentary Canadian Commentary Indian Commentary Commodities White House General News FX Top Stories Currency Analysis Currency Alerts Economic Calendar Economic Scorecard Health News Coronavirus COVID-19 Calendar Diet & Fitness Kids Health Men's Health Women's Health Cancer News Drug Development Mental Health Slide Shows Entertainment Entertainment News Top Stories Classic Rock Rap/Hip-Hop Alternative Content Licensing Newswires & Feeds Content Syndication Digital Signage Services Radio News Services Intelligent Investor Biotech Investor Latest News Videos Free Content Press Releases Asian Market Commentary Australian Market Trims Early Losses In Mid-market By RTTNews Staff Writer ✉ | Published: 5/13/2026 11:26 PM ET Addas your preferred news source on Google The Australian market is trimming its early losses in mid-market moves on Thursday, but adding to the losses in the previous four sessions, following the mixed cues from Wall Street overnight.
The benchmark S&P/ASX 200 is staying well below the 8,650 level, with weakness in gold miners, financial and technology stocks.
The benchmark S&P/ASX 200 Index is losing 16.80 points or 0.20 percent to 8,613.60, after hitting a low of 8,602.90 earlier.
The broader All Ordinaries Index is down 23.30 points or 0.26 percent to 8,857.40.
Australian stocks ended notably lower on Wednesday.
Among major miners, Rio Tinto and Fortescue are adding almost 1 percent each, while BHP Group is gaining almost 2 percent.
Mineral Resources is losing almost 1 percent.
Oil stocks are mixed.
Beach energy and Woodside Energy are losing almost 1 percent each, while Santos and Origin Energy are edging up 0.1 to 0.5 percent each.
In the tech space, Afterpay owner Block is declining more than 3 percent, WiseTech Global is losing more than 4 percent, Xero is slipping almost 1 percent and Zip is edging down 0.2 percent.
Appen is flat.
Among the big four banks, Commonwealth Bank is edging down 0.2 percent, Westpac is losing more than 1 percent, ANZ Banking is down almost 1 percent and National Australia Bank is declining almost 2 percent.
Among gold miners, Evolution Mining and Northern Star Resources are losing almost 1 percent each, while Newmont is down more than 1 percent and Genesis Minerals is slipping 1.5 percent.
Resolute Mining is gaining more than 1 percent.
In other news, shares in Megaport are skyrocketing almost 23 percent after it secured $254 million worth of long-term network and storage contracts through its newly minted Latitude.sh subsidiary and reaffirmed its full-year 2026 guidance.
Shares in Bapcor are tumbling more than 18 percent after the listed car parts retailer downgraded its full-year 2026 EBITDA guidance, due to deteriorating trading conditions since the start of the Middle East conflict.
Shares in GrainCorp are plunging almost 12 percent after the....
