India, June 24 -- The Australian stock market is slipping to a slight loss in mid-market moves on Wednesday 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 falling to 8,550 level, with weakness in mining and energy stocks partially offset by gains in financial and technology stocks.
The benchmark S&P/ASX 200 Index is losing 4.60 points or 0.05 percent to 8,550.00, after touching a high of 8,577.30 earlier. The broader All Ordinaries Index is down 4.20 points or 0.05 percent to 8,770.30. Australian stocks ended significantly higher on Tuesday.
Among major miners, BHP Group is down almost 2 percent, Rio Tinto is slippi...