Topic

Fortescue Metals Group

Fortescue Metals’ first-half profit drops

Published 16 Feb, 2023 06:08am

BENGALURU/ MELBOURNE: Australia’s Fortescue Metals Group reported lower profit and dividends for the first half on...

Fortescue to develop Gabon iron ore mine amid green revolution

Published 17 Dec, 2021 04:30am

BENGALURU: Fortescue Metals Group said on Wednesday it has entered into an agreement with the Gabon government in...

Fortescue logs record bumper profit, dividend but management bonuses cut

Published 30 Aug, 2021 09:02am

Fortescue posted an underlying net profit of $10.35 billion, up from $4.75 billion a year ago, and not far off a forecast compiled by Vuma of $10.41 billion

Miners hold back Australian shares even as financials gain

Published 09 Aug, 2021 12:59pm

Insurance Australia Group and QBE Insurance added 4.6% and 3.2%, respectively, ahead of earnings later this week

Australian shares close at record highs

Published 06 Aug, 2021 04:18am

SYDNEY: Australian stocks closed at a record high on Thursday, with banks leading the gains ahead of next week's...

Australia shares rise on mining, industrial gains

Published 08 Jul, 2021 10:44am

Domestic mining stocks jumped 1.8% to their highest levels in over three weeks, helped by a rise in metal prices

Australian shares extend gains to close near 14-month peak

Updated 29 Apr, 2021 02:16pm

Fortescue Metals dipped as much as 3.5% after reporting an increase in cost of production, partly attributed to the strengthening dollar and seasonally lower volumes.

Australian shares inch higher on gold, energy stocks; Woolworths caps gains

Published 29 Apr, 2021 11:14am

However, Fortescue Metals Group was a laggard with a near 2% drop after it reported flat third-quarter iron ore shipments.

Fortescue sees 'violent' change as it pushes for net zero emissions by 2030

Published 15 Mar, 2021 12:00pm

Unlike its peers, Fortescue does not disclose estimates of customer emissions, arguing that would be double counting under the United Nations framework, which mandates nations take responsibility for emissions within their borders.

Australia shares set for worst day in nearly 5 months on recovery concerns

Published 28 Jan, 2021 10:18am

In New Zealand, the benchmark S&P/NZX 50 index dropped as much as 2.1% to 13,099.17, its biggest intraday drop since Dec. 18.

Australia shares start year on a high as commodities shine

Published 04 Jan, 2021 09:20am

Financials climbed, with the so-called "Big Four" banks advancing in the range of 1.3% to 1.6%.

Australian shares track Wall Street declines; NZ flat

Published 30 Dec, 2020 11:02am

Global miners Rio Tinto and BHP Group Ltd eased around 0.2%, while Fortescue Metals Group shed 0.5%.

Australia shares rise on US stimulus hopes, gold stocks boost

Published 17 Dec, 2020 08:46am

The S&P/ASX 200 index rose 0.4% to 6,708.5 by 0010 GMT, with miners leading the charge.

Australia shares fall as miners slump on China scrutiny over iron ore prices

Published 15 Dec, 2020 09:02am

Financials ticked down 0.2% even after the country's banking regulator said banks would no longer have to hold a portion of their profit back starting next year, raising prospects for higher dividends.

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Currency	Rate
USD PKR Interbank Selling / Jun 4	278.62
USD PKR Interbank Buying / Jun 4	278.42
USD to Japanese Yen / Jun 5	159.94
USD to Swiss Franc / Jun 5	0.79
Pound Sterling to USD / Jun 5	1.34
Euro to USD / Jun 5	1.16
SOFR % / Jun 4	3.63

Stock	Volume
S&P 500 / Jun 4	7,584.31
Nasdaq / Jun 4	26,830.96
FTSE 100 / Jun 4	10,332.30
Dow Jones / Jun 4	51,561.93
Germany DAX 30 / Jun 4	24,944.95
France CAC40 / Jun 4	8,244.29
India Sensex / Jun 5	74,364.43
Tokyo Nikkei / Jun 5	66,812.85
Hang Seng / Jun 5	24,982.27

Item	Value
Gold 10 Grams PKR / Jun 4	402,335
Gold Spot USD/Ounce / Jun 4	4,470.19
Petrol/Litre / Jun 5	381.78
Crude Oil USD/Barrel / Jun 5	93.10
Diesel/Litre / Jun 5	380.78
Cotton US¢/pound / Jun 5	77.59

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Losers
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Stock	Price
First Fid. Leasing / Jun 5 First Fidelity Leasing Modaraba(FFLM)	7.76 ▲ 1 (14.79%)
Dadabhoy Cement / Jun 5 Dadabhoy Cement Industries Limited(DBCI)	8.16 ▲ 1 (13.97%)
Paramount Spinning / Jun 5 Paramount Spinning Mills Limited(PASM)	8.41 ▲ 1 (13.5%)
Waves Home Appliances / Jun 5 Waves Home Appliances Limited(WAVESAPP)	8.98 ▲ 1 (12.53%)
Zephyr Textile / Jun 5 Zephyr Textiles Limited(ZTL)	17.57 ▲ 1.6 (10.02%)
Ruby Textile / Jun 5 Ruby Textile Mills Limited(RUBY)	20.54 ▲ 1.87 (10.02%)
Pak Qatar Gen.Takaful / Jun 5 Pak Qatar General Takaful Limited(PQGTL)	16.70 ▲ 1.52 (10.01%)
Zahid Jee Textile / Jun 5 Zahidjee Textile Mills Limited(ZAHID)	60.80 ▲ 5.53 (10.01%)
Kohat Textile / Jun 5 Kohat Textile Mills Limited(KOHTM)	99.80 ▲ 9.07 (10%)
Leiner Pak Gelat / Jun 5 Leiner Pak Gelatine Limited(LPGL)	99.09 ▲ 9.01 (10%)

Stock	Price
Sanghar Sugar / Jun 5 Sanghar Sugar Mills Limited(SANSM)	115.16 ▼ -11.77 (-9.27%)
F.Credit & Inv / Jun 5 First Credit and Investment Bank Limited(FCIBL)	41.18 ▼ -3.81 (-8.47%)
LSE Financial Serv. / Jun 5 LSE Financial Services Limited(LSEFSL)	20.66 ▼ -1.87 (-8.3%)
Aisha Steel(ConPS) / Jun 5 Aisha Steel(ConPS)(ASLPS)	30.08 ▼ -2.62 (-8.01%)
Fateh Ind. / Jun 5 Fateh Industries Limited(FIL)	166.02 ▼ -14.04 (-7.8%)
Sana Ind / Jun 5 Sana Industries Limited(SNAI)	38.92 ▼ -2.8 (-6.71%)
Universal Ins. / Jun 5 The Universal Insurance Company Limited(UVIC)	22.10 ▼ -1.52 (-6.44%)
Shahzad Tex. / Jun 5 Shahzad Textile Mills Limited(SZTM)	69.55 ▼ -4.65 (-6.27%)
ARM Green Industries / Jun 5 ARM Green Industries Limited(ARMG)	50 ▼ -3.33 (-6.24%)
Husein Industries / Jun 5 Husein Industries Limited(HUSI)	34.01 ▼ -1.99 (-5.53%)

Stock	Volume
TPL Properties / Jun 5 TPL Properties Limited(TPLP)	16,821,713 ▲ 0.44
Waves Home Appliances / Jun 5 Waves Home Appliances Limited(WAVESAPP)	16,610,882 ▲ 1
Hascol Petrol / Jun 5 Hascol Petroleum Limited(HASCOL)	16,315,121 ▲ 0.4
Beco Steel Ltd / Jun 5 Beco Steel Limited(BECO)	16,053,690 ▼ -0.11
TPL Corp Ltd / Jun 5 TPL Corp Limited(TPL)	14,107,668 ▲ 0.33
WorldCall Telecom / Jun 5 Worldcall Telecom Limited(WTL)	11,739,279 ▲ 0
Pak Qatar Gen.Takaful / Jun 5 Pak Qatar General Takaful Limited(PQGTL)	11,695,007 ▲ 1.52
TRG Pak Ltd / Jun 5 TRG Pakistan Limited(TRG)	10,364,397 ▲ 0.88
Waves Corporation / Jun 5 Waves Corporation Limited(WAVES)	9,867,979 ▲ 0.72
Unity Foods Ltd / Jun 5 Unity Foods Limited(UNITY)	9,667,340 ▼ -0.17

Fortescue Metals Group

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