ASX:FMG

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ASX:FMG

Aus shares soar to 8 month high: Joe Biden announced President-elect

09 Nov 2020 - The local bourse has popped at the open, hitting a fresh eight-month high with strong gains across the board. The positive moves come as investors digest news Joe Bid…

Sigma (ASX:SIG) GM charged with insider trading: Aus shares down 0.6%

30 Oct 2020 - A negative day of trade for the last trading session of the month. After rising at the open, and losing steam mid-session, the ASX 200 unwound some of its losses duri…

Late rally lifts ASX to 0.3% gain : Buy now pay later companies boost market

24 Aug 2020 -The Australian sharemarket finished higher after a late afternoon rally. The market gained momentum after CSL pared intraday falls while Afterpay extended its rise to …

Fortescue posts record profit, Afterpay lifts on acquisition: Aus shares 0.1% at noon

24 Aug 2020 - he local sharemarket is gaining momentum following a flat start despite CSL and the big banks lagging. AMP’s shares are up over 1 per cent after the wealth manager a…

Fortescue (ASX:FMG) posts record profit, raises dividend

24 Aug 2020 - Fortescue Metals (ASX:FMG) net profit has lifted by 49 per cent for the 2020 financial year. Strong iron ore prices and strong production drove the miners profit to U…

CIMIC Group (ASX:CIM) awarded $128 million in contracts : Aus shares 1.2% higher at noon

11 Aug 2020 - The Australian share market opened higher this morning and is now trading 1.2 per cent up at noon. CIMIC Group’s (ASX:CIM) CPB Contractors has been awarded two contra…

Fortescue reaches new record on the back of iron ore price surge, Aussie dollar pops: Aus shares finish 1.1% higher

01 Jun 2020 - The local sharemarket started the new month with a 1.1 per cent rally to finish at 5819 as iron ore miners pushed higher and banks bounced back from a weak start.

Aussie shares reverse early dip, big 4 push higher, iron surges boosting miners Aus shares 0.7% higher at noon

01 Jun 2020 - The Australian sharemarket has reversed an early dip the beginning of the trading week as the big four bank stocks push higher, while property stocks are taking a hit…

Monadelphous (ASX:MND) secures $150m worth of new contracts

01 Jun 2020 - Engineering company Monadelphous Group (ASX:MND) has secured a number of new construction and maintenance contracts worth a combined $150 million.

Charting analysis of CBA

01 Jun 2020 - Fairmont Equities managing director Michael Gable takes a technical look Commonwealth Bank of Australia (ASX:CBA), S&P/ASX200, Fortescue Metals Group (ASX:FMG) and Ev…

Downer EDI (ASX:DOW) wins $450m Fortescue (ASX:FMG) contract: ASX closes 2.9% higher

26 May 2020 - The ASX has recorded its best session in seven weeks as it exits a bear market. The local bourse managed to close 2.9% higher. Afterpay (ASX:APT) shares hit $50 today…

Fortescue Metals Group Ltd (ASX:FMG) Port Hedland shipments continue

30 Mar 2020 - Fortescue Metals Group Ltd (ASX:FMG) shipments continue from Port Hedland as scheduled with mining, processing and shipping activity remaining in line with our guidan…

Market shows signs of recovery after fresh 8-year lows: Aus shares close 5.6% lower

23 Mar 2020 - An aggressive sell-off on the Australian market this morning forced the market to fresh 8-year lows today as investors feared the impact of extensive business shutdow…

Fortescue Metals Group (ASX:FMG) work with WA government on border controls

23 Mar 2020 - Fortescue Metals Group (ASX:FMG) says the Western Australian state government has advised that there will be exemptions for the strict border controls due to come in …

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…