India, July 10 -- The Australian stock market is slipping to modest losses in mid-market moves on Friday after opening in the green, reversing some of the gains in the previous session, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying below the 8,600 level, with weakness in gold miner and energy stocks partially offset by gains in iron ore miner stocks.
The benchmark S&P/ASX 200 Index is losing 19.30 points or 0.23 percent to 8,569.90, after touching a high of 8,619.80 and a low of 8,568.20 earlier. The broader All Ordinaries Index is down 16.80 points or 0.19 percent to 8,809.90. Australian stocks closed notably higher on Thursday.
Among major miners, BHP Group is gaining almost 3 percent...