India, April 13 -- The Australian stock market is doubling its early gains in mid-market trading on Monday, reversing the losses in the previous session, following the broadly positive cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is moving up well above the 7,700.00 level, with gains across most sectors led by mining and financial stocks.
The benchmark S&P/ASX 200 Index is gaining 104.60 points or 1.37 percent to 7,751.10, after touching a high of 7,748.20 earlier. The broader All Ordinaries Index is up 107.40 points or 1.37 percent to 7,961.10. Australian stocks closed significantly lower on Friday.
Among the major miners, BHP Group is gaining more than 2 percent, Fortescue Metals is advancing almost 2 percent, Rio Ti...