What are people's thoughts on this?
Is this a big announcement or something that pops up regularly in these types of stock?
China demand risk; BHP top pick 16 07 2021 04:11pm AEST** RBC Capital Markets says it's more neutral on Australian miners now given that commodity demand from top consumer China faces headwinds** Recent commodity run has shrank valuation appeal for the resources sector, but top picks are BHP Group , managanese miner South32 Ltd , gold producer Northern Star Resources and Silver Lake Resources** While China will continue to support growth, it is slowing, and fiscal policy is tightening as the country tries to dampen hot areas of the economy like property - RBC** Brokerage says inflation is being seen for projects in construction which puts capex and timelines in doubt over H2 and FY22** China's push to lower steelmaking emissions by curbing output as environmental concerns come to the forefront is also a risk** Copper & iron ore fundamentals remain strong, but prices could ease as supply normalises from major producers Peru, Chile & Brazil** BHP to remain the leader this quarterly production season as strong iron ore shipments are expected with high price benefits(Reporting by Anushka Trivedi in Bengaluru)(([email protected]; +918061823241)
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Last
$43.59 |
Change
-0.310(0.71%) |
Mkt cap ! $222.7B |
Open | High | Low | Value | Volume |
$43.75 | $43.82 | $43.53 | $57.92M | 1.332M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 4319 | $43.58 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$43.59 | 2354 | 10 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 4420 | 43.580 |
9 | 3021 | 43.570 |
9 | 1885 | 43.560 |
8 | 1900 | 43.550 |
9 | 1926 | 43.540 |
Price($) | Vol. | No. |
---|---|---|
43.590 | 2504 | 11 |
43.600 | 2148 | 10 |
43.610 | 2365 | 9 |
43.620 | 1989 | 7 |
43.630 | 2078 | 7 |
Last trade - 10.43am 11/10/2024 (20 minute delay) ? |
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