India, Nov. 8 -- The Australian stock market is modestly higher in mid-market trading on Monday after opening in the green and slipping in to the red in most of the morning session, reversing some of the losses in the previous session, following the mixed cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is moving well above the 9,000.00 mark, with gains in mining and energy stocks partially offset by weakness in financial stocks.
The benchmark S&P/ASX 200 Index is gaining 12.50 points or 0.14 percent to 9,033.30, after hitting a low of 8,968.50 earlier. The broader All Ordinaries Index is up 23.30 points or 0.25 percent to 9,168.00. Australian stocks closed notably lower on Friday.
Among the major miners, BHP Group is gain...