Wesfarmers and Fortescue share prices face downward pressure

Wesfarmers Ltd (ASX:WES), a major Australian diversified conglomerate, has seen its share price decline by approximately 10.6% since the start of 2025. The company, headquartered in Perth, operates across retail, chemical, fertiliser, and industrial sectors, with Bunnings serving as its largest contributor to operating profit.

In a related market context, Fortescue Ltd (ASX:FMG) is trading roughly 28.4% below its 52-week high. Fortescue, an iron ore producer founded by Andrew Forrest, is currently expanding its exploration into copper, lithium, and rare earths across various international regions including Australia, Chile, and Brazil.