up up up and awayyy Asian Stocks Rise in U.S., Paced by BHP Billiton, Metal Shares
By Lu Wang
Sept. 5 (Bloomberg) -- Asian stocks rose for a third straight day in U.S. trading after Federal Reserve Bank of St. Louis President William Poole said policy makers can be patient in considering further interest-rate increases.
Commodity shares including BHP Billiton led the gain as prices of copper, gold and other metals surged
The Bank of New York Co.'s Asia ADR Index, which tracks the region's American depositary receipts, advanced 1.1 percent to 145.90. Poole, in an interview with Bloomberg News, also said that inflation is ``well controlled.''
BHP Billiton, the world's largest mining company, increased 95 cents to $43.62. Copper jumped the most in two months in New York, while zinc and nickel prices gained in London on demand from mutual funds and pension systems seeking returns unavailable in the stock and bond markets. Gold and platinum also climbed.
up up up and awayyy Asian Stocks Rise in U.S., Paced by BHP...
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Last
$43.16 |
Change
-0.140(0.32%) |
Mkt cap ! $218.8B | |||
| Open | High | Low | Value | Volume |
| $43.41 | $43.56 | $42.89 | $272.8M | 6.312M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 650 | $43.16 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $43.17 | 1162 | 2 |
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| Last trade - 16.10pm 02/07/2024 (20 minute delay) ? |
| BHP (ASX) Chart |