Trends - Rio Tinto Ltd - Business Recorder

Rio Tinto Ltd

Global aluminium producers offer Q2 premiums of $125-$145/T

TOKYO: Global aluminium producers have offered Japanese buyers premiums of $125-$145 per tonne for April-June...

Published 06 Mar, 2023 01:45pm

Business & Finance

Rio Tinto slashes dividend as profit plunges

LONDON: Rio Tinto posted a 38 percent drop in annual profit and more than halved its dividend on Wednesday, hurt by...

Published 27 Feb, 2023 07:50am

World

Australia searches for tiny radioactive capsule believed lost on desert highway

MELBOURNE: Rio Tinto Ltd apologised on Monday for the loss of a tiny radioactive capsule believed to have fallen...

Published 30 Jan, 2023 10:08am

Markets

Rio Tinto seeks to produce low-carbon steel with biomass

MELBOURNE: Rio Tinto Ltd is trialing new technology that would use biomass in place of coking coal in the ...

Published 14 Oct, 2021 04:14am

Markets

Australia shares close at record high on mining, energy boost

The broader market was also aided by an uptick in US shares overnight after data showed an improvement in the labour market.

Published 28 May, 2021 02:37pm

Markets

Australia shares rise as gold, iron ore miners gain

Buy-now-pay-later giant Afterpay Ltd was down 1.6%, while aerial imagery tech firm Nearmap Ltd fell 3.2%.

Published 18 May, 2021 10:51am

Business & Finance

Fortescue quarterly costs jump

MELBOURNE: Fortescue Metals Group Ltd on Thursday reported flat third-quarter iron ore shipments and higher costs,...

Updated 30 Apr, 2021 10:31am

Markets

Strong commodities help Australia shares notch best week in seven

Shares of AMP Ltd closed 0.8% higher after the embattled wealth manager rejected a media report that its chief executive was resigning.

Published 26 Mar, 2021 10:53am

Markets

Australia shares snap 3-day winning streak ahead of Fed verdict

Medusa Mining and Dacian Gold closed down 6% and 5%, respectively.

Published 17 Mar, 2021 11:48am

Markets

Australian shares fall as losses in mining, tech stocks weigh

Energy stocks rose, with oil and gas explorers Oil Search and Santos Ltd gaining 0.6% and 1.5%, respectively.

Published 15 Mar, 2021 10:55am

Business & Finance

Fortescue declares bumper dividend, but faces setback in green push

Fortescue's first-half profit after tax was $4.08 billion, up from $2.45 billion a year earlier. This was in line with a consensus of $4.09 billion from 10 analysts compiled by research firm Vuma Financial.

Published 18 Feb, 2021 11:31am

Business & Finance

Fortescue COO, executives step down amid Iron Bridge review

"The project will still likely go ahead," he said, adding that Lilleyman was a very experienced operator.

Published 16 Feb, 2021 11:49am

Markets

Australia shares edge lower as US-China worries resurface

The country's largest telecom firm Telstra Corp rose to a six-month peak after brokerage Jefferies lifted its price target on the company's stock.

Published 12 Feb, 2021 09:54am

Markets

Australia shares rise on tech-led Wall Street rebound; central bank policy meeting in focus

Following a strong lead from US peers, local tech stocks gained 3.8%, with industry giant Afterpay rising 6.5%.

Published 02 Feb, 2021 10:01am

Markets

Australia's Fortescue sees sustained iron ore demand from China

Fortescue is also undertaking a detailed review of construction costs at its $2.6 billion iron bridge project, which is due to produce first ore in the first-half of 2022.

Published 28 Jan, 2021 11:35am

Markets

FTSE 100 rises as HSBC, Rio Tinto jump

Miner Rio Tinto rose 1.4 after reporting a 2.4% rise in fourth-quarter iron ore shipments, helped by increased demand from China.

Published 19 Jan, 2021 02:34pm

Markets

Australia shares close year of historic highs and lows little changed

Gold stocks climbed 0.5%, tracking an uptick in spot bullion prices, while energy stocks slumped 1% as oil prices dipped.

Published 31 Dec, 2020 10:12am

Business & Finance

Rio Tinto, indigenous land owners begin rebuilding ties after sacred cave blast

PKKP also noted the appointment of Rio's new chief executive officer, Jakob Stausholm, and said it hoped that discussions between both parties would continue in a positive direction.

Published 24 Dec, 2020 10:37am

Markets

Australian shares track Asian peers higher on likely Brexit trade deal

The mining sub-index rose as much as 1.4%. Mining giant BHP Group climbed 2.3% while peer Rio Tinto added more than 1%.

Published 24 Dec, 2020 08:51am

Markets

Australia shares hit near 10-month closing high on faster recovery projection

Tech stocks continued their winning streak, closing at a record level. Afterpay was the biggest gainer in the index, marking a record closing level for the fourth session in a row.

Published 17 Dec, 2020 12:48pm

Markets

Rio Tinto taps insider Stausholm for CEO in surprise pick after cave destruction

A parliamentary inquiry has called on Rio to pay restitution to Indigenous Australians affected by the destruction and also fully reconstruct the rock shelters.

Published 17 Dec, 2020 12:25pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 14	281.78
USD PKR Interbank Buying / May 14	281.68
USD to Japanese Yen / May 14	146.04
USD to Swiss Franc / May 14	0.84
Pound Sterling to USD / May 14	1.33
Euro to USD / May 14	1.12
UK LIBOR % / May 14	4.96

Stock	Volume
S&P 500 / May 14	5,892.58
India Sensex / May 14	81,330.56
Tokyo Nikkei / May 14	37,705.74
Nasdaq / May 14	19,146.81
Hang Seng / May 14	23,574.72
FTSE 100 / May 14	8,585.01
Dow Jones / May 14	42,051.06
Germany DAX 30 / May 14	23,527.01
France CAC40 / May 14	7,836.79

Item	Value
Crude Oil USD/Barrel / May 14	61.91
Karachi Cotton PKR/37.32 KG / May 14	16,985
Gold 10 Grams PKR / May 14	293,124
Gold Spot USD/Ounce / May 14	3,152.57
Cotton US¢/pound / May 14	65.37
Petrol/Litre / May 15	252.63
Diesel/Litre / May 15	256.64

Gainers
Losers
Leaders

Stock	Price
Cres.Star Ins. / May 15 Crescent Star Insurance Limited(CSIL)	3.08 ▲ 0.47 (18.01%)
Parmount Sp. / May 15 Paramount Spinning Mills Limited(PASM)	3.68 ▲ 0.44 (13.58%)
Ghani Chemworld / May 15 Ghani Chemworld Limited(GCWL)	9.14 ▲ 1 (12.29%)
Saif Textile / May 15 Saif Textile Mills Limited(SAIF)	9.76 ▲ 1 (11.42%)
Hala Enterprise / May 15 Hala Enterprises Limited(HAEL)	13.26 ▲ 1.21 (10.04%)
Sana Ind / May 15 Sana Industries Limited(SNAI)	25.81 ▲ 2.35 (10.02%)
P.T.C.L. / May 15 Pakistan Telecommunication Company Ltd(PTC)	22.06 ▲ 2.01 (10.02%)
AN Textile Mills / May 15 AN Textile Mills Limited(ANTM)	11.87 ▲ 1.08 (10.01%)
Octopus Digital / May 15 Octopus Digital Limited(OCTOPUS)	52.09 ▲ 4.74 (10.01%)
Arctic Textile / May 15 Arctic Textile Mills Limited(ARCTM)	23.63 ▲ 2.15 (10.01%)

Stock	Price
Tariq Corp.Pref. / May 15 Tariq Corporation Limited-Preference Shares(TCORPCPS)	7.11 ▼ -1 (-12.33%)
Hussain Industries / May 15 Husein Industries Limited(HUSI)	26.37 ▼ -2.92 (-9.97%)
TPL Life Insur. / May 15 TPL Life Insurance Limited(TPLL)	46.80 ▼ -4.5 (-8.77%)
Dewan Mushtaq / May 15 Dewan Mushtaq Textile Mills Limited(DMTM)	8.06 ▼ -0.77 (-8.72%)
Tri-Star Mutual / May 15 Tri-Star Mutual Fund Limited(TSMF)	8.11 ▼ -0.69 (-7.84%)
Sanghar Sugar / May 15 Sanghar Sugar Mills Limited(SANSM)	55.53 ▼ -4.41 (-7.36%)
Quetta Textile / May 15 Quetta Textile Mills Limited(QUET)	11.25 ▼ -0.89 (-7.33%)
Askari Life Assur. / May 15 Askari Life Assurance Company Limited(ALAC)	4.63 ▼ -0.35 (-7.03%)
IbrahimFibres / May 15 Ibrahim Fibres Limited(IBFL)	302 ▼ -19.92 (-6.19%)
Tandlianwala Sugar / May 15 Tandlianwala Sugar Mills Limited(TSML)	155.01 ▼ -9.67 (-5.87%)

Stock	Volume
Pak Refinery / May 15 Pakistan Refinery Limited(PRL)	34,795,779 ▲ 1.65
K-Electric Ltd. / May 15 K-Electric Limited(KEL)	32,710,316 ▲ 0.19
Cnergyico PK / May 15 Cnergyico PK Limited(CNERGY)	31,286,896 ▲ 0.28
At-Tahur Ltd. / May 15 At-Tahur Limited(PREMA)	23,339,572 ▲ 3.31
Waves Corporation / May 15 Waves Corporation Limited(WAVES)	17,858,363 ▲ 0.23
Sui South Gas / May 15 Sui Southern Gas Company Limited(SSGC)	16,872,842 ▲ 0.92
Kohinoor Spining / May 15 Kohinoor Spinning Mills Limited(KOSM)	15,605,701 ▲ 0.11
P.T.C.L. / May 15 Pakistan Telecommunication Company Ltd(PTC)	13,102,245 ▲ 2.01
B.O.Punjab / May 15 The Bank of Punjab(BOP)	12,150,411 ▲ 0.14
Pak Petroleum / May 15 Pakistan Petroleum Limited(PPL)	10,509,145 ▲ 4.09

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