BHP Group Ltd (ASX: BHP) is a world-leading resources company, extracting and processing minerals (like iron ore and copper), oil and gas, and has more than 62,000 employees and contractors, primarily in Australia and the Americas. Headquartered in Melbourne, BHP has shares listed on both the ASX and London Stock Exchange (BHP Billiton Plc).
The Australian August job report blew expectations out of the water, with 64,900 jobs created in the month, well above the 23,000 anticipated by economists.
A tech slide dragged the ASX indices lower on Wednesday, ahead of the US inflation data coming in overnight.
Here’s today’s The Match Out report from Market Matters’ James Gerrish. Key point: the S&P/ASX 200 (INDEXASX: XJO) finished down +0.74% to 7153.90.
The benchmark S&P/ASX200 (INDEXASX: XJO) index managed to finish 14.6 points, or 0.2%, higher at 7206.9, with the broader All Ordinaries (INDEXASX: XAO) index tracking that rise in percentage terms, adding 15.1 points to 7402.9.
The BHP Group Ltd (ASX:BHP) share price is close to its low for 2023, so this could be an opportunity. Is the ASX mining share a buy?
Both benchmarks weakened into the close, as both the S&P/ASX200 (INDEXASX: XJO) and All Ordinaries (INDEXASX: XAO) fell 0.2% on Friday.
The local sharemarket started the week strongly, with the All Ordinaries (INDEXASX: XAO) managing a 0.5% gain, and the S&P/ASX200 (INDEXASX: XJO) up 0.6%.
The BHP Group Ltd (ASX:BHP) share price is down after the ASX mining share announced a weakened FY23 result.
The S&P/ASX 200 (INDEXASX: XJO) ended mostly flat on Friday. Here’s some of the key points you missed from ASX 200 trading this week.
