It's been a trend for a couple of sessions now in which BHP and RIO weaken further in the UK but recover in the US. IO recovered a bit, but copper continues to drop jaws so not really much basis to it aside from attention turning from current price swings to longer term fundamentals ... it is normal for resource stocks to trade at a high PE during cyclical downturns and the only way that can eventually occur if commodity prices keep falling is for the share prices to stop following!
Iron ore price, page-53125
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Last
$19.98 |
Change
-0.160(0.79%) |
Mkt cap ! $61.51B | |||
| Open | High | Low | Value | Volume |
| $20.33 | $20.39 | $19.95 | $158.1M | 7.862M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 5999 | $19.98 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $20.02 | 555 | 1 |
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| Last trade - 16.10pm 03/10/2024 (20 minute delay) ? |
| FMG (ASX) Chart |