End of Day Report – Monday 11 November: ASX 200 falls 29 points | BHP, RIO, FMG smashed
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ASX 200 fell 29 points to 8260 (-0.4%). Big iron ore miners were the target today as prices fell in Asia on stimulus disappointment. BHP off 4.1% and FMG down 7.3% with the Three Amigos trading at $179.22. Base metals and lithium stock on the nose too, S32 down 2.6% and PLS slipped 0.7%. MIN down 4.0% as pressure continues to build on the board. Gold miners steadied, NST Up 1.3% and NEM up 0.1%. GMD rose 4.0% on new drilling results. Oil and gas slipped slightly, STO down 0.9% and WDS off 0.2...
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The ASX 200 has finished the day up 31 points or 0.4%. Giving up morning gains as Asian markets drifted lower before a late rally set in. Employment numbers did little to move the dial (held at 4.1% with 16k new jobs added). Banks bounced back from yesterday’s weakness while Resources continued...
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