India, Feb. 20 -- The Australian stock market is slipping in to the red in mid-market moves on Friday after opening in the green, extending the losses in the previous four sessions, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling to near the 8,300 level, with a mixed performance across most sectors. Mining stocks are the only bright spot as the underlying metal prices are higher.
The benchmark S&P/ASX 200 Index is losing 14.10 points or 0.17 percent to 8,308.70, after touching a high of 8,354.00 and a low of 8,301.10 earlier. The broader All Ordinaries Index is down 13.80 points or 0.16 percent to 8,587.90. Australian stocks closed sharply lower on Thursday.
Among major miners, BHP Grou...