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Fortescue rally defies ASX sell-off as inflation bites – The Australian Financial Review
The S&P/ASX 200 Index fell 42 points on Thursday to 7381.9. Fortescue rallied 8.2 per cent to $15.45, while Nearmap fell 12 per…
Shares in Fortescue Metals Group climbed 8.2 per cent to $15.45 in an apparent bullish investor response to comments from the companys chief executive regarding a war chest for spending on renewables.
The gains pushed Fortescue shares to the highest level…
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