Fortescue Ltd (ASX:FMG)
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
The banks cop a beating, but the rest helped offset the pain
Here’s today’s The Match Out report from Market Matters’ James Gerrish. Key point: the S&P/ASX 200 (INDEXASX: XJO) finished down -0.20% to 7,713.60.
Market shrugs off iron ore worries
The S&P/ASX 200 (INDEXASX: XJO) Index rose 8.3 points, or 0.1 per cent, to 7,712.5 on Tuesday, while the broader All Ordinaries (INDEXASX: XAO) rose 9.4 points, or 0.1 per cent, to 7,973.
Bad day for local bourse
The benchmark S&P/ASX200 (INDEXASX: XJO) surrendered 142.8 points, to 7,704.2, while the broader All Ordinaries (INDEXASX: XAO) fell 143.9 points, also 1.8 per cent, to 7,963.6.
Little resistance shown by equities in a soft session
Here’s today’s The Match Out report from Market Matters’ James Gerrish. Key point: the S&P/ASX 200 (INDEXASX: XJO) finished down -1.82% to 7,704.20.
Fortescue (ASX:FMG) share price rises on massive HY24 dividend, result
The Fortescue Ltd (ASX:FMG) share price is higher after revealing an impressive HY24 report.
ASX 200 (INDEXASX:XJO) falls on RBA call: Technology sinks
The S&P/ASX200 (INDEXASX: XJO) down 0.6 per cent with the energy sector, up 0.4 per cent, the only highlight.
Banks, real estate lead the S&P/ASX 200 (INDEXASX:XJO) lower
The S&P/ASX 200 (INDEXASX: XJO) Index could not hold on to yesterday’s record close, dropping 92.5 points, or 1.2 per cent, to 7,588.2 points, with all 11 industry sub-indices losing ground.
Uncharted territory for the Australian market
The benchmark S&P/ASX 200 (INDEXASX: XJO) closed up 80.5 points, or 1.1 per cent, to 7,680.7 – 51.8 points, or 0.7 per cent, above the previous closing record of 7,628.9 points, which was reached in August 2021. The broader All Ordinaries (INDEXASX: XAO) index added 77.8 points, or 1 per cent, to 7,912.8.
7-Up for S&P/ASX 200 (INDEXASX:XJO)
The benchmark S&P/ASX 200 (INDEXASX: XJO) index added 21.8 points, or 0.3 per cent, to 7600.2 at the closing bell, with seven out of the 11 sectors finishing in the green. The All Ordinaries (INDEXASX: XAO) edged up 0.3 per cent.