ASX:RIO

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ASX:RIO

Red earth awash in red ink as iron ore hits 6-month low

30 Jun 2022 - The price of iron ore has decreased to its lowest point since the first week of December, as concerns regarding an oversupply of the commodity in China create stress …

Best day since January: ASX closes 1.9% higher in broad rally

27 Jun 2022 - The Australian sharemarket had its best day since January after the ASX 200 jumped in a broad rally that lifted all eleven sectors. Financials and energy led the pack…

Lithium miners extend rally, Imugene soars on positive data: ASX up 1.7% at noon

27 Jun 2022 - The ASX has rallied this morning with all eleven sectors in the green. Materials are leading the pack, up 2.6 per cent, followed by energy, up 2.4 per cent. The secto…

S&P 500 snaps two-day rally, BHP, Bowen Coking Coal, MLG Oz, ANZ Bank on watch: ASX to rise

23 Jun 2022 - Global markets were almost in a sea of red as commodity prices weighed on the major indexes. What to look out for on the ASX today.

PointsBet jumps nearly 19%, energy & miners tumble: ASX closes 0.6% lower

20 Jun 2022 - The ASX remained in negative territory throughout the afternoon session as the resources sector continued to weigh. At the closing bell, the S&P/ASX 200 was 0.6% or 4…

Iron ore futures drill miners lower, Energy weighs: ASX down 0.8% at noon

20 Jun 2022 - The ASX has fallen mid-morning, weighed down by the resources sector as investors mull on the prospect of tighter financial conditions. S&P 500 contracts turned lower…

Tech leads broad sell-off yet gold stocks shine: ASX tumbles, down over 2% at noon

17 Jun 2022 - The ASX has tumbled this morning following Wall Street's fall overnight on heightened recession fears in the US. This comes after a renewed global sell-off as rising …

Rio talking up prospects of new Pilbara ore mine

16 Jun 2022 - Rio Tinto is nearly halfway through its 2022 financial year and the major iron ore exporter has left its key production forecasts for the year unchanged, along with i…

Tech leads broad decline: ASX falls for 4th day, closes 1.3% lower

15 Jun 2022 - The Australian sharemarket closed lower for its fourth consecutive session after shares fell further in the afternoon trade, with all eyes on tonight’s interest rate …

Rio Tinto (ASX:RIO) delivers first ore at Gudai-Darri mine

15 Jun 2022 - Rio Tinto (ASX:RIO) has delivered the first ore from the Gudai-Darri iron ore mine in the Pilbara, Western Australia.

ASX suffers worst week since 2020: Aus shares close 1.3% lower

10 Jun 2022 - The ASX has suffered its worst week since 2020 after the financial sector was hit with a 9 per cent weekly slump. The market was under renewed pressure today, with al…

Energy, miners & tech fall, major banks rebound: ASX down 0.7% at noon

10 Jun 2022 - The ASX is off to another weak start following a red finish on Wall Street. Australian shares are on track for their largest weekly decline this year as markets diges…

Nasdaq falls 3%, Westpac, Rio Tinto on watch: ASX to drop

10 Jun 2022 - Wall St rout deepens on global central bank outlook. ECB flags rate hikes. China to lockdown district for Covid-19 testing on Saturday. What to look out for today on …

Wall St slips, BHP, Pilbara, Genesis Minerals, Qantas on watch: ASX to fall

09 Jun 2022 - Wall St pulled back on global growth concerns amid several companies unveiling weak profit outlooks ahead of the ECB rate decision, US consumer price index this week …

Energy stocks rally, banks tumble: ASX closes 0.4% higher

08 June 2022 - The ASX finished higher despite easing back its gains in the afternoon session. All sectors closed higher, except financials, down 2.9% as major banks weighed. Energ…

Uranium stocks jump, banks fall, Atlas soars on IFM deal: ASX up 0.8% at noon

08 Jun 2022 - The Australian sharemarket has recouped some of Tuesday’s decline as industrials and miners are leading a broad-based rally. The major banks are the exception, extend…

S&P 500 gains for 2nd day, Paladin, Premier, Industrials Min on watch: ASX to rise

08 Jun 2022 - Wall St gained for a 2nd day despite profit and global economic warnings. Why uranium, iron ore, and coal stocks are in favour. What stocks to look out for today.

Aus shares post third week of gains: ASX closes 0.9% higher as materials rally

03 Jun 2022 - The ASX closed higher for a third straight week after advancing on Friday’s session, which offset yesterday's fall. At the closing bell, the ASX 200 was 0.9% or 63 po…

Fortescue leads while lithium miners tumble: ASX closes 0.3% higher

01 June 2022 - The ASX held on to its gains in the afternoon session despite a big drop in lithium miners. Communication services led the pack, up nearly 2 per cent, followed by fi…

India's export tax on iron ore pellets bode well for Aussie iron ore miners?

31 May 2022 - India has raised export duties from 0 to 45% of iron ore raw materials, unveiled a surprise 15% tax on exported steel products, and increased from 30% to 50% duty on …

A2 Milk and Bubs jump, AGL scraps demerger, Tech bulls lead ASX up 0.9% at noon

30 May 2022 - Australian shares jumped to a 3-week high after a strong lead from Wall St. Every sector is rallying, bar utilities after AGL news. The optimism is led by technology …

Aus shares post second week of gains: ASX closes 1.1% higher in broad rally

27 May 2022 - Australian shares had their best day this week buoyed by resources and travel stocks while news in the M&A space also got some attention. Wall Street provided a solid…

Appen's appeal falls as Telus drops deal, Travel stocks continue to fly: ASX up 0.9% at noon

27 May 2022 - Travel stocks are stronger for a second straight day as Australian shares rally on the back of a strong lead from Wall St. A batch of upbeat earnings reports with sev…

Tech "Snap" tips ASX's fall as China fears mount, closes 0.3% lower

24 May 2022 - Australian shares fluctuated through gains and losses to close at session lows as investors mulled on whether the fresh stimulus from Beijing is enough to offset Chin…

Brambles soars on takeover talks, Macquarie falls: ASX up 0.5% at noon

16 May 2022 - The ASX has advanced this morning buoyed by a jump in Brambles (ASX:BXB) and tech shares. This comes after an optimistic finish on Wall Street, which saw a relief-ral…