Excellent post pilatus. My hunch is that every trader is digesting the news from the P.R.C. from ecommerce to milk to iron ore to steel and just does not have any idea of direction so the whole thing is trading marginally up or sideways after the falls of the wee past few days.
No issues, it keeps Vale on the game and away from collapse, same for the Real. That is of some relevance to FMG, RIO and BLT/BHP but direction is not expected to be stellar.
FMG / IO Outlook and News, page-557
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Last
$19.54 |
Change
-0.370(1.86%) |
Mkt cap ! $60.16B | |||
| Open | High | Low | Value | Volume |
| $19.52 | $19.75 | $19.29 | $225.1M | 11.80M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2000 | $19.52 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.54 | 6420 | 1 |
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| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| FMG (ASX) Chart |