(RTTNews) - The Australian stock market is trimming its early slight losses in mid-market trading on Monday, snapping a four-session losing streak, despite the broadly positive cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is moving up to near the 8,750.00 level, with gains in energy, financial and technology stocks. The benchmark S&P/ASX 200 Index is gaining 7.00 points or 0.08 percent to 8,748.20, after hitting a low of 8,734.00 and a high of 8,768.30 earlier. The broader All Ordinaries Index is up 3.90 points or 0.04 percent to 8,924.10. Australian stocks closed significantly lower on Friday. Among the major miners, Fortescue is edging up 0.
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