FMG 0.35% $25.66 fortescue ltd

heavyweight mining sector rose 0.70% as the price of iron ore...

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    heavyweight mining sector rose 0.70% as the price of iron ore softened to US$129 a tonne after top iron ore consumer China’s data showed factory activity in January contracted at a slower pace.

    Rio Tinto (RIO) gained 1.41% to an 18-month high of $128.43, while BHP (BHP) rose 0.34% to $49.55 and Fortescue Metals (FMG) climbed 0.40% to $22.33.


 
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