Fortescue Ltd (ASX:FMG)
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.
Fortescue Ltd (ASX:FMG) share price
Fortescue Ltd (ASX:FMG) share price news
Fortescue (ASX:FMG) share price down after FY24 Q1 update
The Fortescue Metals Group Ltd (ASX:FMG) share price is down around 1% after its FY24 Q1 update was announced.
Inflation surprise halts Australian indices in their tracks
The benchmark S&P/ASX 200 (INDEXASX: XJO) closed 2.6 points lower, at 6,854, losing early gains. The broader All Ordinaries (INDEXASX: XAO) index, however, managed a 0.7-point gain, to 7,046.
Miners lead Aussie market higher
The benchmark S&P/ASX 200 (INDEXASX: XJO) index added 12.8 points, or 0.2%, to 6,856, while the broader All Ordinaries (INDEXASX: XAO) index gained 15.6 points, or 0.2%, to 7,045.
The Match Out: S&P/ASX 200 (INDEXASX:XJO) edges higher but RBA still pondering further hikes
Here’s today’s The Match Out report from Market Matters’ James Gerrish. Key point: the S&P/ASX 200 (INDEXASX: XJO) finished up +0.42% to 7056.10.
S&P/ASX 200 (INDEXASX:XJO) tracks lower: Liontown Resources Ltd (ASX:LTR) suitor walks
Here’s today’s The Match Out report from Market Matters’ James Gerrish. Key point: the S&P/ASX 200 (INDEXASX: XJO) finished down -0.35% to 7026.50.
Is the dividend party over?
In a higher rate environment with equities offering an underwhelming risk premium, many are questioning whether equities still offer much capital growth upside.
The Match Out: S&P/ASX 200 (INDEXASX:XJO) rallies 1%
Here’s today’s The Match Out report from Market Matters’ James Gerrish. Key point: the S&P/ASX 200 (INDEXASX: XJO) finished up +1.01% to 7040.60.
Fortescue Metals Group Ltd (ASX:FMG) share price rises amid green hydrogen progress
The Fortescue Metals Group Ltd (ASX:FMG) share price is up 0.5% amid the ASX resources share announcing progress with its green hydrogen plans.
The Match Out: ASX up, but Magellan Financial Group Ltd (ASX:MFG) tanks on weak FUM
Here’s today’s The Match Out report from Market Matters’ James Gerrish. Key point: the S&P/ASX 200 (INDEXASX: XJO) finished up +0.41% to 6954.20.