FMG

Fortescue Metals (FMG) was the best performing company on the Australian sharemarket this week (winner of the week for week 18 of 2007). The mining company gained 22 percent on the week after it signed a new iron ore deal with China. Fortescue was the best performing company on the ASX200 index. The company share price closed the week at $29.22 increasing by $5.18 in a week.

Fortescue (FMG) was the worst performing shares on the among the shares listed on the ASX200 index (Loser of the Week for week 12 of 2007). The mining company lost 11.06 percent or $2.15 during the week to close at $20.19. The All Ordinaries closed the week at 5978.8 and the ASX200 index closed at 5995.

Fortescue Metal (FMG) is the best performing company on the ASX200 index this week (Winner of the week of week 10 of 2007). This mining company closed the week at $20.20, $2.55 higher or 14.45 percent. The All Ordinaries closed the week at 5817.8 while the ASX200 index closed at 5836.3.

Fortescue Metals (FMG) was the best performing company listed on the Australian Stock Exchange (ASX) this week (Winner of the Week for week 50 of 2006). The company closed the week at $12.80 moving almost 20 percent on the week's close.

Fortescue Metals (FMG) is Winner of Week 16 2006 in the Australian Stock Market rising 20% on the back of no news to $7.35. fortescue's principal activity is the development of the East Pilbara Iron Ore Project. ASX Fact Sheet for FMG. Just looking at the chart, it is trading in a trading channel for the past month, in fact if you zoom out you can see the full extent of the stock price movement.