XAO 0.56% 8,612.6 all ordinaries

Iron ore prices are up over the weekend.  I’m not totally across...

  1. 1,584 Posts.
    lightbulb Created with Sketch. 44
    Iron ore prices are up over the weekend.  I’m not totally across the causes although I think there’s been a tragedy in Brazil relating to a tailings dam burst and there might have been some bad weather in the Pilbara and I also did read an article saying that India’s iron ore imports are up a lot.  Never nice to hear about the tragedies around the world.  I do however think that iron ore stocks will do well this week off the back of it.  My CIA tip might go alright but since I don’t have any money in it, shall be bittersweet.  I do however have a position in FMG which may also be a beneficiary.  Time will tell.  Hope the Brazil tragedy can teach a few lessons to prevent these things in the future 
 
watchlist Created with Sketch. Add XAO (ASX) to my watchlist
(20min delay)
Last
8,612.6
Change
-48.600(0.56%)
Mkt cap ! n/a
Open High Low
8,661.2 8,682.0 8,606.8
XAO (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.