BHP, RIO and FMG are doing well this morning considering, "The price of iron ore, measured for immediate delivery at the Qingdao port in China, slipped 1.2 per cent to $US69.58 per tonne, the lowest level since June 2009, according to Metal Bulletin".
BHP up 1%
RIO up 2% and
FMG down only 0.178%
Iron ore price is at its lowest today and the share price of the above three stocks hit their lowest last week. That is a good sign. The stocks bottoming before the resource price.
The quote above taken from BusinessDay, Markets Live, Brisbane Times, by the way.
iron ore price, page-555
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$21.26 |
Change
-0.450(2.07%) |
Mkt cap ! $65.45B | |||
| Open | High | Low | Value | Volume |
| $21.70 | $21.70 | $21.02 | $145.2M | 6.814M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 9760 | $21.26 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.27 | 7866 | 4 |
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| FMG (ASX) Chart |