Fortescue Ltd (ASX:FMG)
Materials
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
ASX Bank Shares
Local market marks time ahead of US jobs figure
The Australian sharemarket rebounded from 11-month lows on Thursday, notching a small gain as markets braced for the official US jobs data on Friday night Australian time.
October 6, 2023
ASX Bank Shares
The Match Out: Stocks bounce as bond yields ease
Here’s today’s The Match Out report from Market Matters’ James Gerrish. Key point: the S&P/ASX 200 (INDEXASX: XJO) finished up +0.51% to 6925.50.
October 5, 2023
ASX Bank Shares
Banks lead S&P/ASX 200 (INDEXASX:XJO) lower
The Australian sharemarket closed at its lowest point in 11 months on Wednesday, hampered by a weak lead-in from Wall Street, and its interest-rate worries.
October 5, 2023
ASX Bank Shares
The Match Out: S&P/ASX 200 (INDEXASX:XJO) now ~8% below July highs
Here’s today’s The Match Out report from Market Matters’ James Gerrish. Key point: the S&P/ASX 200 (INDEXASX: XJO) finished down +0.77% to 6890.20.
October 4, 2023
Dividend Shares
Fortescue Metals Group Ltd (ASX:FMG) share price in focus on major hydrogen investment
The Fortescue Metals Group Ltd (ASX:FMG) share price is in focus after announcing it has taken an investor role in a hydrogen business.
October 4, 2023
ASX Bank Shares
S&P/ASX200 (INDEXASX:XJO) feels the rates heat
The Australia share market retreated to a six-month low on Tuesday, as global markets felt the pressure from surging bond yields – despite, in Australia’s case, the Reserve Bank leaving the official cash rate on hold at 4.1 per cent, for a fifth straight month.
October 4, 2023
ASX Bank Shares
The Match Out: Stocks hit 6-month low as the RBA holds rates at 4.1%
Here’s today’s The Match Out report from Market Matters’ James Gerrish. Key point: the S&P/ASX 200 (INDEXASX: XJO) finished down +1.28% to 6943.40.
October 3, 2023
ASX Bank Shares
Traders stay on sideline ahead of October rates call
It was relatively quiet on the ASX on Monday with traders eyeing the Reserve Bank of Australia’s latest interest-rate decision, to be announced today (and a public holiday in most states dampening activity further).
October 3, 2023
ASX Bank Shares
The Match Out: Low volume into the long weekend (for some)
Here’s today’s The Match Out report from Market Matters’ James Gerrish. Key point: the S&P/ASX 200 (INDEXASX: XJO) finished up +0.34% to 7048.60.
September 29, 2023