Rio Tinto Limited (ASX:RIO)
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.
Rio Tinto Limited (ASX:RIO) share price
Rio Tinto Limited (ASX:RIO) share price news
S&P/ASX 200 (INDEXASX:XJO) starts the week in the green
The benchmark S&P/ASX 200 (INDEXASX: XJO) index adding 51.5 points, or 0.7 per cent, to 7124.7, with nine of the 11 sectors finishing in the green. The broader All Ordinaries (INDEXASX: XAO) index also rose 0.7 per cent, in its case 51 points, to 7,336.1.
S&P/ASX 200 (INDEXASX:XJO) down: QBE Insurance Group (ASX:QBE) rallies on good guidance
Here’s today’s The Match Out report from Market Matters’ James Gerrish. Key point: the S&P/ASX 200 (INDEXASX: XJO) finished down -0.76% to 6,987.60.
S&P/ASX 200 (INDEXASX:XJO) surge on US rate peak: All Ordinaries (INDEXASX:XAO) gains 1.5%
News that US inflation had fallen to just 3.2% for the year to October sent a rocket up global share markets, with the All Ordinaries (INDEXASX: XAO) gaining 1.5% and the S&P/ASX 200 (INDEXASX: XJO) up 1.4% as ten of the 11 industry sectors finished higher.
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.
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.
S&P/ASX 200 (INDEXASX:XJO) higher as Hardie’s paints a positive outlook for demand
Here’s today’s The Match Out report from Market Matters’ James Gerrish. Key point: the S&P/ASX 200 (INDEXASX: XJO) finished up +0.26% to 6995.40.
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%.
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.
All Ordinaries (INDEXASX:XAO) manages small gain: Iron ore miners sink
The local share market managed a small gain on Tuesday, with both the All Ordinaries (INDEXASX: XAO) and S&P/ASX 200 (INDEXASX: XJO) share prices adding 0.1%.