Rio Tinto Limited (ASX: RIO)’s origins date back more than 145 years but today it is one of world’s largest aluminium and iron ore producers, with much of its sales revenue coming from its operates in Western Australia. It also owns, fully or partly, mining projects for copper, diamonds, uranium and other minerals.
Here’s today’s The Match Out report from Market Matters’ James Gerrish. Key point: the S&P/ASX 200 (INDEXASX: XJO) finished up +1.29% to 7279.
The Australian August job report blew expectations out of the water, with 64,900 jobs created in the month, well above the 23,000 anticipated by economists.
A tech slide dragged the ASX indices lower on Wednesday, ahead of the US inflation data coming in overnight.
The benchmark S&P/ASX200 (INDEXASX: XJO) index managed to finish 14.6 points, or 0.2%, higher at 7206.9, with the broader All Ordinaries (INDEXASX: XAO) index tracking that rise in percentage terms, adding 15.1 points to 7402.9.
The Australian share market or ASX index is uniquely known for its high dividend yield. On average, the ASX has a yield more than double that of the US S&P 500!
The S&P/ASX 200 (INDEXASX: XJO) ended mostly flat on Friday. Here’s some of the key points you missed from ASX 200 trading this week.
The S&P/ASX 200 (INDEXASX: XJO) price managed a tiny gain on Tuesday, with the Commonwealth Bank of Australia (ASX:CBA) share price in focus.
The Rio Tinto Ltd (ASX: RIO) share price has been an excellent performer for investors over the past 5 years, utilising elevated commodity prices to pay down debt and deliver record dividends to shareholders.
The S&P/ASX 200 (INDEXASX: XJO) could open modestly positive on Monday, with Sydney SPI 200 futures pointing to a slightly positive open. Here’s what you missed from inside the ASX 200 last week.
