Australian Market Maintains Early Losses In Mid-market

(RTTNews) - The Australian stock market is maintaining its early losses in mid-market trading on Wednesday, extending the losses in the previous session, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling well below the 8,300 level, with weakness across most sectors led by mining amid tumbling metal prices. The benchmark S&P/ASX 200 Index is losing 24.80 points or 0.30 percent to 8,227.10, after hitting a low of 8,210.10 earlier. The broader All Ordinaries Index is down 34.10 points or 0.40 percent to 8,463.90. Australian stocks ended significantly lower on Tuesday.