ASX:FMG

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ASX:FMG

ASX Bloodbath: Aus shares 7.8% lower at noon

13 Mar 2020 - The Australian share market opened to a bloodbath this morning dropping 7 per cent within the first 15 minutes of trade. It was a sea of red with not a single stock i…

Consumer sentiment falls 3.8% in March: ASX tracking 1.3% lower at noon

11 Mar 2020 - The ASX shot up at the open and then fell in mid morning trade and failed to gain momentum and is now tracking 1.3% lower at noon. Shares in ship building company Aus…

Phoslock Environmental Technologies (ASX:PET) MD to retire: Aus shares 1.2% lower at noon

04 Mar 2020 - The Australian share market opened with more losses this morning and is now tracking 1.2 per cent lower at noon.

Sharemarket rallies on record housing data: Aus shares close 0.8% lower

02 Mar 2020 - The Australian share market made gains in the back half of the trading session off the back of positive housing data and projections that a cash rate cut may be aroun…

COVID-19 Virus infects markets: Aus shares 2.7% lower at noon

02 Mar 2020 - The Australian share market is trading at a nine-month low this morning, extending last week’s losses. The ASX200 index has tumbled 2.7 per cent this morning. Credit …

WiseTech (ASX:WTC) shares dropped 27.3%: ASX closed 0.4% higher

19 Feb 2020 - After a flat start the ASX rose after lunchtime trading and managed to close 0.4% higher. Hearing device manufacturer Cochlear’s (ASX:COH) shares jumped over $250. Wi…

Fortescue (ASX:FMG) delivers record first half revenue

19 Feb 2020 - Fortescue (ASX:FMG) has reported record first half revenue of US$6.5 billion for the first half of 2020.

New Hope (ASX:NHC) served with HCA special leave application: Aus shares close 0.2% higher

20 Jan 2020 - It’s been an upbeat day of trade, with the ASX200 finishing 0.2 per cent higher despite a mid-session dip. This marks the 5th consecutive session of gains for the loc…

New Energy Solar (ASX:NEW) considers expansion of asset sale: Aus shares 0.3% higher at noon

20 Jan 2020 - The Australian share market opened slightly lower this morning. It jumped in the first twenty minutes of trade, has been tracking sideways into the mid-session and is…

Searching for yield in unconventional places

19 Nov 2019 - Burman Invest Portfolio Manager Julia Lee discusses Adairs, Fortescue Metals and Genworth Mortgage.

Fortescue Metals Group (ASX:FMG) lodges High Court appeal: Aus shares to open flat

18 Nov 2019 - Aus shares to open flat: Wall Street has record-breaking session with the Dow Jones Industrial Average breaking through 28,000 points for the first time. Fortescue Me…

Info Tech only sector in the green: Aus shares close 0.8% lower

13 Nov 2019 - The Australian share market has experienced a steady decline over the afternoon to close 0.8 per cent lower. Utilities sector weighed heaviest on the market.

Tesla to build fourth ‘Gigafactory’: Aus shares to open higher

13 Nov 2019 - Aus shares to open higher. Fortescue Metals Group Ltd (ASX:FMG) has entered into a $6 million Paterson Farm In and joint venture with Carawine Resources (ASX:CWX).

Healthcare sector leads the day: ASX closes 0.7% higher

11 Nov 2019 - It has been a positive day of trade for the ASX, the local bourse managed to close 0.7% higher. Shares in Fortescue Metals (ASX:FMG) took a dip today. Perenti Global …

Citi upgrades Afterpay Touch Group (ASX:APT) to a Buy: ASX tracking 0.6% higher at noon

11 Nov 2019 - The ASX has risen at the open following positive leads from Wall Street. It is now tracking 0.6% higher at noon. Afterpay (ASX:APT) shares are on the rise after Citi …

WiseTech Global (ASX:WTC) enters another trading halt: Aus shares 0.3% lower at noon

21 Oct 2019 - WiseTech Global (ASX:WTC) enters another trading halt: Aus shares 0.3% lower at noon.

FMG shares looking bullish again

14 Oct 2019 - Fairmont Equities managing director Michael Gable takes a technical look Fortescue Metals Group, Cimic Group, Shaver Shop Group and Australian Vintage.

My Macro views, top overweight, underweight and top broker buys & sells

09 Oct 2019 - Fund Manager Chris Pedersen discusses macroeconomics, top overweight, underweight and top broker buys & sells.

Postive yet minor lift to kick off week: Aus shares close 0.1% higher

09 Sep 2019 - Local shares start week with a minor gain while Jumbo Interactive (ASX:JIN), Qube (ASX:QUB) and Aventus (ASX:AVN) set new all-time highs. Aussie lending to households…

Aussie shares almost wipe out last week's gains: Aus shares lose 1.3%

26 Aug 2019 - China enforces $75 billion of 5-10% tariffs, plus adds 25% on US cars. Trump tweets back, rising China $250 billion tariff to 30% & rising $300 billion tariff to 15%,…

Fortescue Metals posts record underlying net profit

26 Aug 2019 - Fortescue Metals (ASX:FMG) posted record underlying net profit of $US3.2 billion, 195 per cent higher than the previous year.

Market boost as Trump delays some China tariffs: ASX poised to open higher

14 Aug 2019 - Following positive leads from US markets, the Australian share market looks set to open higher this morning. US President Donald Trump decided to delay imposing tarif…

ASX snaps four-day winning streak but gold shines bright: Aus shares close 0.3% lower

13 Aug 2019 - Argentina sell-off, Wall Street slip, 2016-year US bonds and HK protests cap gains. NAB Business Survey for July cites below average conditions and no signs of improv…

Two tweets, new China tariffs & hawkish Fed see markets slip from highs: Aus shares lose 0.1% on week

02 Aug 2019 - Record-breaking week for ASX200. AVJennings (ASX:AVJ) loses a month of gains of announcing profit hit by weaker property market, PBT $23m FY19 expt'. Rio Tinto (ASX:R…

Graincorp warns of hit to earnings: ASX tracking 0.4% lower at noon

02 Aug 2019 - The Aussie share market is now tracking 0.4% lower at noon. It comes as the oil price saw its biggest loss in four years, falling almost eight per cent after Trump a…