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 / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 22	252.10

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

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Fortescue Metals Group

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