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) slides ahead of Federal Reserve meeting
The local share market fell for a second straight day on Tuesday, ahead of a flurry of central bank meetings, and following the release of a set of minutes from the Reserve Bank of Australia that were taken as implying that the local central bank is considered raising rates.
September 20, 2023
ASX Bank Shares
Federal Reserve meeting weighs on stocks
The local share market started the week lower, ahead of the US Federal Reserve’s two-day policy meeting, which begins on Tuesday.
September 19, 2023
ASX Growth Shares
Miners lead positive week for local market
A positive mood on Friday lifted the benchmark Australian index, the S&P/ASX 200 (INDEXASX: XJO), by 92.5 points, or 1.3%, to 7,279 points, in its best day since July. That helped push the index to a 1.7% rise for the week.
September 18, 2023
ASX Bank Shares
Jobs data points to rate rise
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.
September 15, 2023
Today's ASX news
The Match Out: ASX 200 climbs on resources
Here’s today’s The Match Out report from Market Matters’ James Gerrish. Key point: the S&P/ASX 200 (INDEXASX: XJO) finished up +0.46% to 7186.50.
September 14, 2023
ASX Bank Shares
S&P/ASX 200 (INDEXASX: XJO) trades lower ahead of US inflation print
A tech slide dragged the ASX indices lower on Wednesday, ahead of the US inflation data coming in overnight.
September 14, 2023
ASX Growth Shares
S&P/ASX 200 (XJO) price grinds higher, Select Harvests in focus
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.
September 13, 2023
ASX tech shares
Iron ore hits S&P/ASX 200 (INDEXASX:XJO): AMA Group Ltd (ASX:AMA) tumbles on raising
Both benchmarks weakened into the close, as both the S&P/ASX200 (INDEXASX: XJO) and All Ordinaries (INDEXASX: XAO) fell 0.2% on Friday.
September 11, 2023
ASX Share Ideas
S&P/ASX 200 (ASX:XJO) morning report: Fortescue Metals Group Ltd (ASX:FMG) share price in focus
All Ordinaries (INDEXASX: XAO) and S&P/ASX200 (INDEXASX: XJO) fell 0.4% on Friday, but still managed to deliver a 2.3% gain for the week. The Fortescue Metals Group Ltd (ASX:FMG) share price is getting punished.
September 4, 2023