ASX-listed iron ore miners gaining momentum over the rise in iron ore prices to multi-week high across China.
- Fortescue Metals Group Limited (ASX:FMG) inked a new record and a 52-week high of $13.950, while ending the day’s session 4.43 per cent higher against its previous close on ASX.
- Likewise, other iron ore magnets such as BHP Group Limited (ASX:BHP) and Rio Tinto Limited (ASX:RIO) gained strong swing with both stocks witnessing large gap up opening on 19 May 2020 on the ASX.
- BHP ended the session 5.89 per cent higher against its previous close on ASX to close at35.050, while Rio posted 4.67 per cent gain to close at $94.520.
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