Prior to Powell's testimony, resource stocks were following the same overnight trend of the past few sessions - getting sold down overseas after being bided up in Australia. Powell may have actually helped but causing the AUD to collapse further which in turn supports the respective prices in Australia.
For the third day in the row... these stocks will challenge the low for the week at the open.
Iron ore price, page-49250
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 (20min delay)
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Last
$26.57 |
Change
0.540(2.07%) |
Mkt cap ! $81.09B | |||
| Open | High | Low | Value | Volume |
| $26.32 | $26.61 | $26.10 | $75.87M | 2.876M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 21465 | $28.56 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $23.92 | 33013 | 2 |
View Market Depth
| Last trade - 15.59pm 16/05/2024 (20 minute delay) ? |
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Last
$26.55 |
Change
0.540 ( 2.17 %) |
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| Open | High | Low | Volume | ||
| $26.30 | $26.61 | $26.10 | 1134785 | ||
| Last updated 15.59pm 16/05/2024 ? | |||||
| FMG (ASX) Chart |