Fortescue Ltd (ASX: FMG) is a global leader in the iron ore industry, known for its leading development of world class infrastructure and mining assets in the Pilbara region of Western Australia. Fortescue was founded in 2003 by Andrew Forrest, who is now one of Australia’s wealthiest people. The vast majority of Fortescue’s iron ore, a steel-making ingredient, is shipped and sold to Chinese customers.
Shares of miners like Fortescue Metals Group Limited (ASX: FMG) lead the Australian share market and ALL ORDINARIES (INDEXASX: XAO)(ASX: XAO) index lower on Tuesday.
The Australian Dollar (A$) ⇨ US Dollar ($) (AUDUSD) is expected to end 2018 at 78 US cents, according to a poll run by Reuters.
BHP Billiton Limited (ASX:BHP) shares helped to push Australia’s S&P/ASX 200 (INDEXASX:XJO) (ASX:XJO) higher on Thursday.
Telstra Corporation Ltd (ASX:TLS) shares weighed on Australia’s S&P/ASX 200 (INDEXASX:XJO) (ASX:XJO) on Monday.
The Aussie sharemarket or ALL ORDINARIES (INDEXASX:XAO)(ASX:XAO) index closed higher on Wednesday as Sirtex Medical Limited (ASX:SRX) shares went to space.
Australia’s ALL ORDINARIES (INDEXASX:XAO)(ASX:XAO) closed lower on Wednesday, dragged down by miners like BHP Billiton Limited (ASX:BHP) and Rio Tinto Limited (ASX:RIO).
The Australian share market, or S&P/ASX 200 (INDEXASX:XJO)(ASX:XJO), is expected to open higher on Monday.
Australia’s All Ordinaries (INDEXASX:XAO)(ASX:XAO) closed firmly higher on Monday.
The All Ordinaries (INDEXASX:XAO)(ASX:XAO) closed firmly higher on Friday.
