Shanghai composite down 26% for past 12 months, FMG down 32%, pretty muched synced.
Yesterday i posted UBS called the end of the SHCMP fall, last night another big bank said the same thing, cant recall who it was but watched it on bloomberg.
If so then we can expect FMG to RISE!
Iron ore price, page-7577
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Last
$17.86 |
Change
-0.300(1.65%) |
Mkt cap ! $56.03B | |||
| Open | High | Low | Value | Volume |
| $18.22 | $18.27 | $17.86 | $72.87M | 4.003M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 3605 | $17.86 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.87 | 2434 | 10 |
View Market Depth
| Last trade - 13.00pm 14/08/2024 (20 minute delay) ? |
| FMG (ASX) Chart |