BHP, Rio shares hit as iron ore freefall continues
Iron ore prices have hit a fresh 10-year low overnight, sending shock waves through the global mining industry and hitting Rio and BHP shares in London.
Stock Ticker
- AGL AGL ENERGY LIMITED. 0.20%
- AIO ASCIANO LIMITED 0.95%
- AMC AMCOR LIMITED 1.14%
- AMP AMP LIMITED 1.08%
- ANZ AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED 0.60%
- APA APA GROUP 0.56%
- ASX ASX LIMITED -0.65%
- AZJ AURIZON HOLDINGS LIMITED 1.25%
- BHP BHP BILLITON LIMITED -0.40%
- BXB BRAMBLES LIMITED 0.52%
- CBA COMMONWEALTH BANK OF AUSTRALIA. 1.16%
- CCL COCA-COLA AMATIL LIMITED -0.65%
- CPU COMPUTERSHARE LIMITED. 0.55%
- CSL CSL LIMITED 0.74%
- CWN CROWN RESORTS LIMITED 0.53%
- DXS DEXUS PROPERTY GROUP 0.40%
- FMG FORTESCUE METALS GROUP LTD -3.96%
- GMG GOODMAN GROUP 1.43%
- GPT GPT GROUP 0.44%
- IAG INSURANCE AUSTRALIA GROUP LIMITED 0.67%
- IPL INCITEC PIVOT LIMITED -0.73%
- JHX JAMES HARDIE INDUSTRIES PLC 3.00%
- LLC LEND LEASE GROUP 1.86%
- MGR MIRVAC GROUP 1.25%
- MPL MEDIBANK PRIVATE LIMITED 0.42%
- MQG MACQUARIE GROUP LIMITED 1.19%
- NAB NATIONAL AUSTRALIA BANK LIMITED 0.68%
- NCM NEWCREST MINING LIMITED 4.87%
- NVN NOVION PROPERTY GROUP 0.79%
- ORG ORIGIN ENERGY LIMITED 1.16%
- ORI ORICA LIMITED -0.67%
- OSH OIL SEARCH LIMITED 1.28%
- QBE QBE INSURANCE GROUP LIMITED 4.93%
- RHC RAMSAY HEALTH CARE LIMITED 0.47%
- RIO RIO TINTO LIMITED -1.12%
- SCG SCENTRE GROUP 0.00%
- SEK SEEK LIMITED 1.25%
- SGP STOCKLAND 1.11%
- SHL SONIC HEALTHCARE LIMITED -0.29%
- STO SANTOS LIMITED 0.29%
- SUN SUNCORP GROUP LIMITED 1.18%
- SYD SYDNEY AIRPORT -0.76%
- TCL TRANSURBAN GROUP 0.00%
- TLS TELSTRA CORPORATION LIMITED. -0.16%
- TOL TOLL HOLDINGS LIMITED 0.34%
- WBC WESTPAC BANKING CORPORATION 0.69%
- WES WESFARMERS LIMITED -0.09%
- WFD WESTFIELD CORPORATION 2.16%
- WOW WOOLWORTHS LIMITED -0.72%
- WPL WOODSIDE PETROLEUM LIMITED 0.80%
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Iron ore seen sliding to low $US40s in weeks
Iron ore may extend losses, perhaps sliding into the low $US40s a tonne in the coming weeks, say analysts at IG Markets.
ASX follows the iron ore price down
The Australian sharemarket pushed higher on Thursday, but ended the week down as the iron ore price continued to decline, dampening the stimulus of expected interest rate cuts.
Penfolds going cheap in China - for now
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Google tax could derail international tax treaties
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Monorail offers new iron vision
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Comment & Analysis
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total comments5
Life insurance industry failing to heal itself
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Buying on April 1 last year wasn't totally foolish
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