Fortescue Ltd (ASX: FMG) is a global leader in the iron ore industry, known for its leading development of world class infrastructure and mining assets in the Pilbara region of Western Australia. Fortescue was founded in 2003 by Andrew Forrest, who is now one of Australia’s wealthiest people. The vast majority of Fortescue’s iron ore, a steel-making ingredient, is shipped and sold to Chinese customers.
Here’s today’s The Match Out report from Market Matters’ James Gerrish. Key point: the S&P/ASX 200 (INDEXASX: XJO) finished up +1.65% to 7,377.90.
Australia’s share market pushed higher on Wednesday, as the big miners tracked iron ore prices higher. At the close the S&P/ASX 200 (INDEXASX: XJO) was up 23.8 points, or 0.3 per cent, to 7,259.1 points, while the broader All Ordinaries (INDEXASX: XAO) index gained 22.7 points, also 0.3 per cent, to 7,469.1.
The benchmark S&P/ASX 200 (INDEXASX: XJO) index added 36.3 points, or 0.5 per cent, to 7,235.3 points at the close. The broader All Ordinaries (INDEXASX: XAO) rose 36.2 points, or 0.5 per cent, to 7,446.4.
The benchmark S&P/ASX 200 (INDEXASX: XJO) index ending the session 4.1 points to the good, at 7,199, while the broader All Ordinaries (INDEXASX: XAO) edged 4.6 points into the green, to 7,410.2.
Here’s today’s The Match Out report from Market Matters’ James Gerrish. Key point: the S&P/ASX 200 (INDEXASX: XJO) finished up +0.057% to 7,199.00.
The Australian market retreated on Thursday, but in a barely noticeable manner; the benchmark S&P/ASX 200 (INDEXASX: XJO) slipped 5.1 points to 7,173, while the broader All Ordinaries (INDEXASX: XAO) index lost 2 points, to 7,384.
Here’s today’s The Match Out report from Market Matters’ James Gerrish. Key point: the S&P/ASX 200 (INDEXASX: XJO) finished down -0.071% to 7,173.30.
The benchmark S&P/ASX 200 (INDEXASX: XJO) index jumped 116.8 points, or 1.7 per cent, to 7178.4, with all the sectors in the green. The broader All Ordinaries (INDEXASX: XAO) added 116.9 points, or 1.6 per cent, to 7,386.
Here’s today’s The Match Out report from Market Matters’ James Gerrish. Key point: the S&P/ASX 200 (INDEXASX: XJO) finished up +1.65% to 7,178.40.
