1234 [Dow Jones] Fortescue (FMG.AU) up 34% at A$2.77, hits four-week high of A$2.93 on good volume. Two traders attribute today's FMG share price strength to the recent completion of a large share sale by Russia's Magnitogorsk Iron & Steel, which they say sold just over 150 million shares (5.4%) over the past few months. FMG spokesman says company has no comment. Australian Financial Review Oct. 15 said that MMK might have been trying to sell its 5.4% stake in Fortescue. (DWR)
maybe the reason why it's up
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Last
$18.75 |
Change
-0.240(1.26%) |
Mkt cap ! $57.73B | |||
| Open | High | Low | Value | Volume |
| $18.53 | $18.75 | $18.44 | $216.3M | 11.60M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1990 | $18.75 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.76 | 47022 | 3 |
View Market Depth
| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| FMG (ASX) Chart |