FMG 2.06% $18.34 fortescue ltd

Iron ore price, page-38462

  1. 199 Posts.
    lightbulb Created with Sketch. 17
    It's the closing price auction process. Market closes at 4.00pm (AEST) then has a 10 minute period where trades can be placed to determine the closing price of the day, as didicoco says just people wanting in/out for the day.

    Same auction price happens to determine opening price of the day. Hope that answers the question.

    Rurenga beat me too it
    Last edited by fc3766: 28/09/21
 
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