12.9 C
Friday, September 25, 2020


Home Business News APT) sinks lower // Motley Fool Australia

APT) sinks lower // Motley Fool Australia

At lunch on Thursday the S&P/ASX 200 Index (ASX: XJO) is dropping lower and giving back much of yesterday’s gains.  The benchmark index is currently down 0.8% to 5,909 points.

Here’s what is happening on the market today:

Fortescue shares tumble on iron ore price pullback.

The Fortescue Metals Group Limited (ASX: FMG) share price has come under pressure on Thursday after a pullback in the iron ore price overnight. According to CommSec, the spot iron ore price fell 3.4% to US$124.20 a tonne on Thursday night. The Rio Tinto Limited (ASX: RIO) share price has dropped lower with Fortescue today.

Tech shares run out of steam.

The tech rebound has run out of steam on Thursday, with the likes of Afterpay Ltd (ASX: APT) and Nearmap…

Click here to view the original article.

- Advertisment -
- Advertisment -

Most Popular

Louisville Police Arrest More Than 120 Protesters After Night of Breonna Taylor Demonstrations

Police arrested at least 127 people in Louisville, Kentucky, during protests following a decision in the case of Breonna Taylor on September 23,...

See Merrell’s New Undyed Sustainable Shoe Collection

Luckily, Merrell's new Undyed collection falls at the intersection of hard-working design, style, and sustainability to ensure that we can keep communing with...

VW’s new hardcore Golf GTI

The German brand has added more power to its legendary hot hatch.Click here to view the original article.

You might also like ...

Australian Online News Splash Image
ENGIE EPS: First Half Results as of 30 June 2020
UBank says younger Australians are prioritising saving for a house
Dilemmas of a feline tantrum