India, June 4 -- The Australian market is slipping to slight losses in mid-market moves on Thursday after opening in the green, reversing some of the gains in the previous two sessions, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying below the 8,550 level, with by weakness in energy and financial stocks partially offset gains in iron ore miners and some technology stocks.
The benchmark S&P/ASX 200 Index is losing 6.40 points or 0.08 percent to 8,535.40, after touching a high of 8,567.00 earlier. The broader All Ordinaries Index is down 3.90 points or 0.04 percent to 8,766.30. Australian stocks ended significantly higher on Wednesday.
Among major miners, BHP Group and Rio Tinto are edging up 0.3 pe...