India, April 9 -- The Australian market is slightly trimming its early sharp gains in mid-market moves on Thursday, reversing the sharp losses in the previous session, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is surging 4.7 percent to above the 7,700 level, with gains across all sectors led by mining and technology stocks.
The benchmark S&P/ASX 200 Index is surging 346.10 points or 4.69 percent to 7,721.10, after touching a high of 7,842.90 earlier. The broader All Ordinaries Index is up 359.10 points or 4.75 percent to 7,920.80. Australian stocks ended sharply lower on Wednesday.
Among major miners, Mineral Resources is soaring almost 12 percent and BHP Group is advancing more than 6 perce...