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.
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.
Fortescue Metals Group Ltd (ASX:FMG) has reported its production results for Q1 FY20 this morning. Here’s a quick guide to the main points.
The Fortescue Metals Group Limited (ASX:FMG) share price has jumped as much as 4% this morning following an announcement to the ASX. Here’s what you need to know.
The ASX 200 (ASX:XJO) has risen 0.6% in early reaction to the news that the US and China have made some small concessions to each other.
