Australia's S&P/ASX 200 index rose 0.7% to an all-time peak of 8271.4 points this morning. Currently, it rose 0.59%.
Iron ore futures surged over 10% during early Singapore sessions, building on last week's rally, as China's economic stimulus measures injected fresh hope for increased demand in iron ore, copper, and lithium markets. $Fortescue Ltd (FMG.AU)$ rose 4.05%, $BHP Group Ltd (BHP.AU)$ rose 1.94%, and $Rio Tinto Ltd (RIO.AU)$ rose 1.62%.
Australia's S&P/ASX 200 index rose 0.7% to an all-time peak of 8271.4 points this morning. Currently, it rose 0.59%.
Iron ore futures surged over 10% during early Singapore sessions, building on last week's rally, as China's economic stimulus measures injected fresh hope for increased demand in iron ore, copper, and lithium markets. $Fortescue Ltd (FMG.AU)$ rose 4.05%, $BHP Group Ltd (BHP.AU)$ rose 1.94%, and $Rio Tinto Ltd (RIO.AU)$ rose 1.62%.
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