I remember the US came out with a $700billion stimulus/bailout plan which sent the market into a frenzy ... then tanked again
China to me was always going to spend big on its infrastructure anyway. Seems to me that because the markets are in crap now they suddenly upgraded this spending as a "stimulus package"
Of course China still needs Iron Ore ...but I am more worried that CVRD, BHP and RIO;s massive expansions are enough to meet the demand increase
I remember the US came out with a $700billion stimulus/bailout...
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Last
$20.14 |
Change
-1.180(5.53%) |
Mkt cap ! $62.01B | |||
| Open | High | Low | Value | Volume |
| $20.65 | $20.83 | $20.02 | $262.9M | 12.91M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1250 | $20.14 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $20.15 | 2500 | 1 |
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| Last trade - 16.10pm 25/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |