Business
BHP’s update, PolyNovo jumps, Ansell impresses
At lunch on Wednesday the S&P/ASX 200 Index (ASX: XJO) is on course to record another solid gain. The benchmark index is currently up 0.5% to 6,778.6 points.
Here’s what has been happening on the market today:
BHP second quarter update
The BHP Group Ltd (ASX: BHP) share price is trading higher following the release of its second quarter and half year production update. BHP reported iron ore production of 62,394kt for the second quarter and 128,434kt for the first half. This represents a 3% and 6% increase, respectively, on the prior corresponding periods. It also reported a 35% improvement in the average realised price of iron ore to US$103.78 a tonne since the end of FY 2020.
PolyNovo increases its European presence
The…
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