India, July 9 -- The Australian stock market is extending its early slight gains in mid-market moves on Friday after briefly treading in to the red, snapping a four-session losing streak, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,800 level, with gains in financial, mining and technology stocks partially offset weakness in energy stocks.
The benchmark S&P/ASX 200 Index is gaining 43.50 points or 0.50 percent to 8,806.000, after hitting a low of 8,748.60 and a high of 8,821.60 earlier. The broader All Ordinaries Index is up 43.10 points or 0.48 percent to 9,004.40. Australian stocks closed modestly lower on Thursday.
Among major miners, Rio Tinto is advancing more than 2 ...