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
Dividend Shares
Fortescue (ASX:FMG) share price sinks 5% after tough FY23 report
The Fortescue Metals Group Ltd (ASX:FMG) share price has declined 5% after the ASX resources share revealed a tough FY23 result.
August 28, 2023
ASX Share Ideas
ASX 200 (XJO) ends Friday flat, here’s the news you missed
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.
August 11, 2023
ASX Bank Shares
Commonwealth Bank of Australia (ASX:CBA) share price strength helps market overcome China woes
A post-result bounce in the Commonwealth Bank of Australia (ASX: CBA) share price helped lift the Australian share market on Wednesday.
August 10, 2023
Communication services & telco stocks
S&P/ASX 200 (XJO) price buoyant as CBA share price rises
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.
August 9, 2023
ASX Bank Shares
S&P/ASX 200 (INDEXASX: XJO) jumps, Pointsbet (ASX:PBH) share price in focus
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.
July 31, 2023
ASX Growth Shares
ASX shares hit five-month high, Macquarie takes earnings hit
The local share market posted another strong day, adding 0.7%, as news of the Federal Reserve potentially pausing rate hikes boosted the property and technology sectors, up 3.3% and 2.2%, respectively.
July 28, 2023
Dividend Shares
Fortescue (ASX:FMG) share price falls despite record FY23 update
The Fortescue Metals Group Ltd (ASX:FMG) share price is in focus after the ASX iron ore share announced its quarterly June 2023 update.
July 27, 2023
ASX Share Ideas
Miners push S&P/ASX 200 (ASX:XJO) higher on China stimulus, retail hit on Domino’s weakness
News that the Chinese government was committed to supporting a slowing economy with economic stimulus were enough to drive both the All Ordinaries and S&P/ASX200 to a 0.5% gain.
July 26, 2023
ASX Share Ideas
Fortescue (ASX:FMG) share price rises after US green hydrogen acquisition
The Fortescue Metals Group Ltd (ASX:FMG) share price is up after it announced that it’s acquiring a 100% interest in a US green hydrogen hub.
July 21, 2023