Trends - Fortescue Metals Group

Fortescue Metals Group

Fortescue Metals’ first-half profit drops

BENGALURU/ MELBOURNE: Australia’s Fortescue Metals Group reported lower profit and dividends for the first half on...

Published 16 Feb, 2023 06:08am

Markets

Fortescue to develop Gabon iron ore mine amid green revolution

BENGALURU: Fortescue Metals Group said on Wednesday it has entered into an agreement with the Gabon government in...

Published 17 Dec, 2021 04:30am

Business & Finance

Fortescue logs record bumper profit, dividend but management bonuses cut

Fortescue posted an underlying net profit of $10.35 billion, up from $4.75 billion a year ago, and not far off a forecast compiled by Vuma of $10.41 billion

Published 30 Aug, 2021 09:02am

Markets

Miners hold back Australian shares even as financials gain

Insurance Australia Group and QBE Insurance added 4.6% and 3.2%, respectively, ahead of earnings later this week

Published 09 Aug, 2021 12:59pm

Markets

Australian shares close at record highs

SYDNEY: Australian stocks closed at a record high on Thursday, with banks leading the gains ahead of next week's...

Published 06 Aug, 2021 04:18am

Markets

Australia shares rise on mining, industrial gains

Domestic mining stocks jumped 1.8% to their highest levels in over three weeks, helped by a rise in metal prices

Published 08 Jul, 2021 10:44am

Markets

Australian shares extend gains to close near 14-month peak

Fortescue Metals dipped as much as 3.5% after reporting an increase in cost of production, partly attributed to the strengthening dollar and seasonally lower volumes.

Updated 29 Apr, 2021 02:16pm

Markets

Australian shares inch higher on gold, energy stocks; Woolworths caps gains

However, Fortescue Metals Group was a laggard with a near 2% drop after it reported flat third-quarter iron ore shipments.

Published 29 Apr, 2021 11:14am

Business & Finance

Fortescue sees 'violent' change as it pushes for net zero emissions by 2030

Unlike its peers, Fortescue does not disclose estimates of customer emissions, arguing that would be double counting under the United Nations framework, which mandates nations take responsibility for emissions within their borders.

Published 15 Mar, 2021 12:00pm

Markets

Australia shares set for worst day in nearly 5 months on recovery concerns

In New Zealand, the benchmark S&P/NZX 50 index dropped as much as 2.1% to 13,099.17, its biggest intraday drop since Dec. 18.

Published 28 Jan, 2021 10:18am

Markets

Australia shares start year on a high as commodities shine

Financials climbed, with the so-called "Big Four" banks advancing in the range of 1.3% to 1.6%.

Published 04 Jan, 2021 09:20am

Markets

Australian shares track Wall Street declines; NZ flat

Global miners Rio Tinto and BHP Group Ltd eased around 0.2%, while Fortescue Metals Group shed 0.5%.

Published 30 Dec, 2020 11:02am

Markets

Australia shares rise on US stimulus hopes, gold stocks boost

The S&P/ASX 200 index rose 0.4% to 6,708.5 by 0010 GMT, with miners leading the charge.

Published 17 Dec, 2020 08:46am

Markets

Australia shares fall as miners slump on China scrutiny over iron ore prices

Financials ticked down 0.2% even after the country's banking regulator said banks would no longer have to hold a portion of their profit back starting next year, raising prospects for higher dividends.

Published 15 Dec, 2020 09:02am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 21	278.03
USD PKR Interbank Buying / Nov 21	277.78
USD to Japanese Yen / Nov 21	154.92
USD to Swiss Franc / Nov 21	0.88
Pound Sterling to USD / Nov 21	1.26
Euro to USD / Nov 21	1.05

Stock	Volume
S&P 500 / Nov 20	5,917.11
Nasdaq / Nov 20	18,966.14
Dow Jones / Nov 20	43,408.47
India Sensex / Nov 21	77,137.20
Tokyo Nikkei / Nov 21	38,026.17
Hang Seng / Nov 21	19,620.49
FTSE 100 / Nov 21	8,069.57
Germany DAX 30 / Nov 21	18,942.65

Item	Value
Crude Oil USD/Barrel / Nov 21	69.38
Karachi Cotton PKR/37.32 KG / Nov 21	17,785
Gold 10 Grams PKR / Nov 21	238,340
Gold Spot USD/Ounce / Nov 21	2,662.71
Cotton US¢/pound / Nov 21	70.60
Petrol/Litre / Nov 22	248.38

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 22 786 Investments Limited(786)	7.11 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 22 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▼ 0.00 (0.00%)
Agro Allianz / Nov 22 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 22 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 22 Ali Asghar Textile Mills Limited(AATM)	63.60 ▼ 0.00 (0.00%)
Allied Bank / Nov 22 Allied Bank Limited(ABL)	114.42 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 22 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▼ 0.00 (0.00%)
Abson Ind. / Nov 22 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 22 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 22 786 Investments Limited(786)	7.11 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 22 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▲ 0.00 (0.00%)
Agro Allianz / Nov 22 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 22 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 22 Ali Asghar Textile Mills Limited(AATM)	63.60 ▲ 0.00 (0.00%)
Allied Bank / Nov 22 Allied Bank Limited(ABL)	114.42 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 22 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▲ 0.00 (0.00%)
Abson Ind. / Nov 22 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 22 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▲ 0.00 (0.00%)

Stock	Volume
K-Electric Ltd. / Nov 22 K-Electric Limited(KEL)	174,389,145 ▲ 0.00
Hascol Petrol / Nov 22 Hascol Petroleum Limited(HASCOL)	63,973,243 ▲ 0.00
Kohinoor Spining / Nov 22 Kohinoor Spinning Mills Limited(KOSM)	62,996,737 ▲ 0.00
Aisha Steel Mill / Nov 22 Aisha Steel Mills Limited(ASL)	48,137,561 ▲ 0.00
Waves Home Appliances / Nov 22 Waves Home Appliances Limited(WAVESAPP)	43,506,391 ▲ 0.00
Lotte Chemical / Nov 22 Lotte Chemical Pakistan Limited(LOTCHEM)	40,852,960 ▲ 0.00
Telecard Limited / Nov 22 Telecard Limited(TELE)	36,937,252 ▲ 0.00
Cnergyico PK / Nov 22 Cnergyico PK Limited(CNERGY)	31,401,025 ▲ 0.00
WorldCall Telecom / Nov 22 Worldcall Telecom Limited(WTL)	31,346,592 ▲ 0.00

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Fortescue Metals Group

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