India, Sept. 10 -- The Australian stock market is extending its early strong losses in mid-market moves on Friday, adding to the losses in the previous three sessions, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling to near the 8,700 level, with weakness in mining and technology stocks partially offset by gains in financial and energy stocks.
The benchmark S&P/ASX 200 Index is losing 110.70 points or 1.26 percent to 8,708.70, after hitting a low of 8,699.80 earlier. The broader All Ordinaries Index is up 122.70 points or 1.36 percent to 8,885.60. Australian stocks closed significantly lower on Thursday.
Among major miners, Rio Tinto is declining more than 4 percent, BHP Group is tumblin...