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South32 Ltd (ASX: S32) is a mining company that was spun out of BHP in 2015. It produces bauxite, alumina, aluminium, nickel and various other metals through operations in Australia, Southern Africa and South America.
South32 shares are listed on the ASX and also have secondary listings on the London and Johannesburg stock exchanges.
US President Donald Trump and China’s Xi Jinping have agreed to restart trade talks, sending companies like Bellamy’s Australia Ltd (ASX: BAL) and Fortescue Metals Group Ltd (ASX: FMG) higher.
South32 Limited (ASX:S32) shares have been hit by a downgrade from broker giant Goldman Sachs.
South32 (ASX:S32) shares rose 4% after the release of their FY19 half-year results and announced a special dividend.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX: XAO), is currently up 0.32% at lunch.
The S&P/ASX 200 (INDEXASX:XJO)(^AXJO) is expected to open higher today, the USA’s S&P 500 Index (.INX) went up 0.28% on Wednesday.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 1.04% at lunch.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 0.33% at lunch.
The share prices of Fortescue Metals Group Limited (ASX:FMG) and South32 Ltd (ASX:S32) are both up more than 5% due to a trade war truce between the US and China.
Australia’s share market, or the All Ordinaries Index (INDEXASX:XAO)(ASX:XAO), is currently up 1.42% at lunch.