India, Feb. 23 -- The Australian stock market is moving in to the green in mid-market trading on Monday after opening deep in the red, snapping a five-session losing streak, following the broadly negative cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is moving a tad above the 8,300.00 level, with strong gains in financial stocks nearly offset by weakness across most other sectors led by gold miners and technology stocks.
The benchmark S&P/ASX 200 Index is gaining 5.90 points or 0.07 percent to 8,302.10, after hitting a low of 8,216.30 earlier. The broader All Ordinaries Index is down 16.30 points or 0.19 percent to 8,554.60. Australian stocks closed modestly lower on Friday.
Among the major miners, BHP Group is losing m...