ASX:RIO

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ASX:RIO

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…

Wall St closed: Aus shares set to open higher

05 Jul 2018 - It was a quiet session overnight with a public holiday for the US. Australian shares are set to move higher this morning. The euro erased losses and closed mixed on t…

News impacting local market and what to watch for

04 Jul 2018 - Fund Manager, Chris Pedersen gives insights on Australian markets and covers Mining and Consumer Staples sectors.

Mustering up on Tuesday: Aus shares close 0.5% higher

03 Jul 2018 - Market Wrap. Telcos lead as Telstra (ASX:TLS) rises 2%. Miners slide as iron ore dips, Rio (ASX:RIO) down 3%. Orocobre (ASX:ORE) slips on profit taking after record r…

FY19 gains momentum: Aus shares 0.4% higher at noon

03 Jul 2018 - Market at Midday. ASX claws back yesterday's losses, now in the black for FY19. All sectors up, ex miners as iron ore price dips. Building permits fall, surprising ec…

Turbulent day on the market: Aus shares close flat

27 Jun 2018 - The Australian sharemarket has closed flat today despite being very up and down throughout the day. The S&P/ASX 200 index closed 1.7 points lower - its fourth loss in…

Great gains for energy: ASX shares 0.1% lower at noon

27 Jun 2018 - The Australian share market opened lower despite positive leads from Wall Street and is now tracking 0.1 per cent lower at noon. The energy sector is leading the way …

Slipping on trade war fears: Aus shares close 0.2% lower

26 Jun 2018 - Market Wrap. ASX200 slips for the third straight day but holds onto 10-year highs. API (ASX:API) gained 8.3% just a day after announcing a deal to enter the skin trea…

ASX 2.1% up on wk, 10 yr-high, but 0.11% lower on Fri

22 Jun 2018 - Market Wrap. ASX snaps two-day winning streak but holds 10-year high. Bellamy’s Australia (ASX:BAL) sees selling amid one-month highs. Telstra (ASX:TLS) just cents a…

Dow Jones slumps: Australian shares expect to see a rise

20 Jun 2018 - Australian shares are set to see a rise today despite US stocks continuing to fall. The ongoing trade dispute between China and the US saw industrial companies in Ame…

Chinese tariff rattles Asian markets: Aus shares close flat

19 Jun 2018 - Market Wrap. Miners copped the biggest selling today, with Mineral Resources (ASX:MIN) falling over 4% after being outbid in the takeover of Atlas Iron (ASX:AGO), whi…

RIO shares on track to hit $100

16 Jun 2018 - Fairmont Equities managing director Michael Gable takes a technical look at Rio Tinto, S&P/ASX200, Class, Domino's Pizza Enterprises and Alphabet Inc Class A.

Iron ore prices bouyant: Aus shares set to open higher

07 Jun 2018 - Australian shares are set to open higher this morning after a good rally in base metals. Wall Street did well with all three major benchmarks extending their gains ti…

Big banks and miners drop: ASX remains underwater

05 Jun 2018 - The Australian share market dropped like a stone at the open and has remained underwater in the first two hours of trade with the property, energy and utility sectors…

Italy sparks market sell-off: ASX set to open higher

31 May 2018 - A sell off yesterday was sparked by a political crisis in Italy - which has now somewhat been averted and now Australian shares are poised to open higher. There were …

Financials continue to slide : Aus shares close 29 points lower

30 May 2018 - Australian shares closed lower today - 29 per cent lower. That's the market's lowest close since April 30. Rio (ASX:RIO) is continuing its slide from yesterday, BHP (…