ASX:RIO

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ASX:RIO

Turkish troubles as lira plunges: ASX closes 0.4% lower

13 Aug 2018 - The ASX has seen a fall today mainly due to Turkey’s impending financial crisis.The Australian dollar fell to an 18-month low against the US dollar. Meanwhile AuStar …

New US sanctions for Russia: ASX set to open flat

09 Aug 2018 - Australian shares to open flat. US stocks slowed on their four day advance as trade tensions rose once again, this time with sanctions imposed on Russia. Hometown Ame…

CBA fall pushes results: ASX close 0.2 higher

08 Aug 2018 - The Australian sharemarket has continued to lift today despite The Commonweatlh Bank profits being below market expectations. At the closing bell the S&P/ASX 200 inde…

Woolworths chart is looking dangerous

06 Aug 2018 - Fairmont Equities managing director Michael Gable takes a technical look at Woolworths Group, Rio Tinto, Aurelia Metals, Webjet and Star Entertainment Group.

At 10 year highs: Aus shares 0.1% lower Friday, 1.1% down on week

03 Aug 2018 - Market Wrap. Minerals and Financials weigh on the ASX this week after Rio results and 'bank mortgage price war'. CBA revised securities policy and bumps up stake in A…

Retail sales beat expectations: Aus shares 0.1% higher at noon

03 Aug 2018 - Market at Midday. Retail data beat expectations, while Australia's service sector misses the mark. Kogan up 7%, breaks above 8-day moving average with unaudited resul…

Rio throws its weight, ASX down 2nd day: Aus shares close 0.6% lower

02 Aug 2018 - Market Wrap. Rio weighs down ASX and drags other miners lower. Iron ore slips, but its near month highs. Trade surplus jumps to $1.9b, beating $900k expected. Abacus …

Rio misses UBS forecast and slides: Aus shares 0.24% lower at noon

02 Aug 2018 - Market at Midday. Rio Tinto HY underlying earnings up 12% to US$4.4b, less than the UBS forecast. Iron ore price slips. Australia's trade surplus soars above expectat…

Apple profit helps tech shares: ASX set to open lower

02 Aug 2018 - The ASX is set to open lower, after Wall St stocks were mixed due to trade tensions. Apple saw a record report helping tech shares. And Rio (ASX:RIO) reveals results.

Economic news and RIO preview of results

31 Aug 2018 - Fund Manager, Chris Pedersen discusses economic news and previews RIO's results.

Inflation disappoints, ASX slips: Aus shares close 0.3% lower

25 Jul 2018 - Market Wrap. ASX slips on inflation and weak AUD. Miners up the most on China stimulus. Horizon Oil up 23% on revenue jump. Wattle Health up 8% on China green light. …

Inflation data disappoints: Aus shares 0.23% lower at noon

25 Jul 2018 - Market at Midday. ASX slips on inflationary data miss, despite Wall Street and commodity rise. CPI up 2.1% YOY, missing expectations. Wattle Health shares up 11% on C…

Issues impacting local market & a look at TWE, CAB & RIO

18 Jul 2018 - Fund Manager, Chris Pedersen dives into the issues impacting the local market. He also looks at Treasury Wine Estates, Cabcharge Australia and RIO.

Miners lead, ASX snaps slide, IPO shines: Aus shares 0.8% higher at noon

18 Jul 2018 - Market at Midday: ASX snaps 2-day fall. Miners lead. IPO, Keytone Dairy trades 55% higher. Saracen up 7.3% after record FY production. ClearVue up 3.8% on green-light…

Oil slides, Technology One jumps: Aus shares close 0.6% lower

17 Jul 2018 - Market Wrap. Oil slides on US Govt spooking market. RBA says labour costs are low and retail competition is strong. Technology One shines 8.2% on 10-15% profit growth…

Rio Tinto 2Q Iron ore shipments +14%

17 Jul 2018 - Mining giant, Rio Tinto (ASX:RIO) has announced iron ore shipments for the second quarter of 2018 were 14 per cent higher than the prior corresponding period at 88.5 …

Subdued start ahead of busy wk: Aus shares 0.4% lower at noon

16 Jul 2018 - Market at Midday. Red start on the back of profit taking, while traders await RBA minutes. Downer wins Chevron contracts, Mirvac's new Brisbane building let to Suncor…

CSL continues to shine, financials weigh: Aus shares close flat

13 Jul 2018 - Market Wrap. ASX ended virtually flat today but finishes week lower. CSL extends its all-time high rally closing above $204. Netwealth rallies, Mineral Res leads, Rio…

Rio Tinto to sell $3.5b stake in Grasberg

13 Jul 2018 - Rio Tinto (ASX:RIO) is set to sell its interest in the world’s second largest copper mine, Grasberg in Indonesia.

Sonic and CSL booster shot: Aus shares close 0.9% higher

12 Jul 2018 - Market Wrap. Booster shot with Sonic Health & CSL hitting all time highs. AP. Eagers sees record profits, Freedom Foods Group to see 35% sales growth. Click for more…

Sonic boom: Aus shares 0.8% higher at noon

12 Jul 2018 - Market at Midday. Sonic Health Care (ASX:SHL) rallies up 5.7%, setting an all time high, leading the ASX. Energy stocks slip after oil falls. News on Rural Funds Grou…

Metals and miners drop: ASX set to open lower

12 Jul 2018 - Australian shares are set to open lower this morning after a global sell off saw metals and miners drop yesterday. Oil was hit hard too. High-level trade talks betwee…

US threatens more tariffs: Aus shares close 0.7% lower

11 Jul 2018 - The ASX has recorded its worst performance in a month, this comes under threats from the US to impose more tariffs on Chinese goods – that could be up to $200 million…

Chinese tariffs due: Aus shares to see a lift

06 Jul 2018 - The Australian share market is expected to lift at the open as shares on Wall Street rallied strongly as investors returned from their Independence Day break. Tech di…

Back at 10-yr highs: Aus shares close 0.53% higher

05 Jul 2018 - Market Wrap. Back at new 10-yr highs despite trade war woes. Bingo Industries (ASX:BIN) up 0.7% on final approval to increase limits at Minto. Woolworths Group (ASX:W…