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
S&P/ASX 200 (INDEXASX:XJO) lower: ANZ Group Holdings Ltd (ASX:ANZ) down on miss!
Here’s today’s The Match Out report from Market Matters’ James Gerrish. Key point: the S&P/ASX 200 (INDEXASX: XJO) finished down -0.40% to 6,948.80.
November 13, 2023
ASX Bank Shares
From Hero to Xero for tech star
The benchmark S&P/ASX 200 (INDEXASX: XJO) index advanced 19.5 points, or 0.3%, to 7014.9, while the broader All Ordinaries (INDEXASX: XAO) index rose 16.7 points, or 0.2%, to 7,215.
November 10, 2023
ASX Growth Shares
Tale of 2 telecoms
Telstra Group Ltd (ASX: TLS) gained 5 cents, or 1.3%, to $3.92, after being up 2.3% at one point, as it was perceived as benefiting from the big outage at rival Optus. In Singapore, the shares of Optus’ owner Singapore Telecom were down 5.2% on the news, and finished down 4.8% for the day.
November 9, 2023
ASX Growth Shares
Cup Day rate rise as Governor Bullock debuts
The Australian dollar and bond yields slid after the Reserve Bank of Australia lifted the cash rate by 0.25% on Melbourne Cup Day, to 4.35%.
November 8, 2023
ASX Bank Shares
Waiting on a rates decision
The S&P/ASX 200 (INDEXASX: XJO) closed 19.2 points, or 0.3%, higher at 6,997 and the broader All Ordinaries (INDEXASX: XAO) index was 0.2% higher, up 17.2 points at 7,192.3.
November 7, 2023
ASX Bank Shares
The Fed helps support equities: Origin (ASX:ORG) bid in doubt despite improved price
Here’s today’s The Match Out report from Market Matters’ James Gerrish. Key point: the S&P/ASX 200 (INDEXASX: XJO) finished up +0.90% to 6899.70.
November 2, 2023
ASX Bank Shares
Aussie market notches new 2023 low
The benchmark S&P/ASX200 (INDEXASX: XJO) index share price on Thursday retreated 42 points, or 0.6%, to 6,812.3, its lowest close since October 28, 2022.
October 27, 2023
ASX Bank Shares
The Match Out: A whisker from 12-month lows, the ASX remains under pressure
Here’s today’s The Match Out report from Market Matters’ James Gerrish. Key point: the S&P/ASX 200 (INDEXASX: XJO) finished down -0.61% to 6812.30.
October 26, 2023
Editor's picks
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.
October 26, 2023