It's common for big money to rotate out of sectors. The money coming out of banks has to go somewhere and miners have been hit hard over the last year. BHP's diversified commodities are going to do well, especially with China confirming more stimulus if growth slows.
The money will have to go somewhere once they sell banks and BHP under $40 is a good start. Maybe healthcare too? I shouldn't say "miners" because I don't think they will all do well. BHP will recover.
148.28 AUD+29.03 (24.34%)past year39.15 AUD-4.71 (-10.74%)past year
BHP is way oversold & CBA at silly levels.... the most expensive bank in the WORLD.
The demand for I/O & Copper will continue to grow & next year will have the third largest Potash operation in the world.
We will touch the $50s at some point in 2025
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Last
$37.34 |
Change
-1.000(2.61%) |
Mkt cap ! $189.5B | |||
| Open | High | Low | Value | Volume |
| $37.96 | $38.13 | $37.28 | $474.3M | 12.62M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1249 | $37.34 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $37.36 | 20 | 1 |
View Market Depth
| Last trade - 16.10pm 13/06/2025 (20 minute delay) ? |
| BHP (ASX) Chart |