Business
Here’s why the BHP (ASX:BHP) share price is closing in on its record high
The BHP Group Ltd (ASX: BHP) share price was a positive performer on Tuesday.
The mining giant’s shares rose almost 3% to close the day at $47.00.
This leaves the BHP share price trading within touching distance of its record high of $47.54.
Why did the BHP share price push higher today?
Investors were buying BHP shares on Tuesday following the release of a solid half year result. For a deeper dive into its result, you can read about it here.
For the six months ended 31 December, the mining giant posted a 15% increase in revenue to US$25.64 billion and a 21% jump in underlying earnings before interest, tax, depreciation and amortisation (EBITDA) to US$14.7 billion. The latter was driven by a 3-percentage point expansion in its…
-
General14 hours agoOsborne Park Football Club suspended for two years after Stephen Hawking costume controversy
-
General15 hours agoMelbourne Cup five quick hits: Melham magic, Blake Shinn falls, and concern over blood from Half Yours’s mouth
-
General12 hours agoAustralia warned of assassination attempts by regimes
-
Noosa News16 hours agoFatal traffic crash, Cooloola Cove
