India, Sept. 3 -- The Australian market is extending its early strong gains in mid-market moves on Thursday, snapping a four-session losing streak, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,800 level, with gains in mining, financial and technology stocks partially offset by weakness in energy stocks. The benchmark S&P/ASX 200 Index is gaining 78.90 points or 0.90 percent to 8,817.70, after touching a high of 8,818.00 earlier. The broader All Ordinaries Index is up 75.40 points or 0.84 percent to 9,085.50. Australian stocks ended sharply lower on Wednesday.
Among major miners, Rio Tinto and Fortescue are gaining more than 2 percent each, while Mineral Resources is advancing almost 2...