The Australian sharemarket rose by 0.38% thanks mainly to huge gains for Fortescue Metals, Rio Tinto and BHP. Greater demand from China has helped push iron prices to near 7-year highs.
Evening Report: Shares up 12% in 1 month
The Australian sharemarket rose by 0.38% thanks mainly to huge gains for Fortescue Metals, Rio Tinto and BHP. Greater demand from China has helped push iron prices to near 7-year highs.
- Published on December 3, 2020
- By Steven Daghlian
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