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.
The S&P/ASX 200 (INDEXASX: XJO) is tipped to fall at the open as global markets provide a weak lead for Wednesday. Here’s why I think gold remains misunderstood.
If you’re on the hunt for ASX dividend shares, is it time to look out West towards Rio Tinto Limited (ASX:RIO), BHP Group Ltd (ASX:BHP) and Fortescue (ASX:FMG) shares?
The BHP Group Ltd (ASX: BHP) share price was trading 1.88% lower today following its quarterly production update.
Are Fortescue (ASX:FMG), Cochlear (ASX:COH), Pushpay (ASX:PPH) and Amcor Ltd (ASX:AMC) your COVID-19 “rebound” ASX shares?
The S&P/ASX 200 (ASX: XJO) finished the day trading at 5539.3, or 4.42% higher, having fallen more than 6% down this morning. That makes today a 10% snap-back for the ASX 200!
The All Ordinaries (ASX: XAO) was trading 1.9% higher today at lunch, with shares of TPG Telecom Ltd (ASX: TPM), Fortescue Metals Group Limited (ASX: FMG) and RESMED/IDR UNRESTR (ASX: RMD) moving and shaking the Australian share market.
The All Ordinaries (ASX: XAO) was trading 2.1% lower on Monday, with shares of Fortescue Metals Group Limited (ASX:FMG), Thorn Group Ltd (ASX:TGA) and Air New Zealand Limited (ASX:AIZ) moving the Australian share market.
Global asset manager Aviva Investors recently released a report estimating a one-in-three chance of a global recession over the next 18 months. Is it time to panic?
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.52% at lunch.
