Iron ore over $50 tonne, first time since October, oil up (although ??)
When will the funds need to re-weigh their baskets, sure they have a +- to play with, but banks going down and bhp going the other way.
Any fund movement will probably be neutral to positive depending on their current weight.
The numbers going forward from the report look OK, subject to commodity prices
Buy BHP ?, page-13
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$42.78 |
Change
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Mkt cap ! $217.0B | |||
| Open | High | Low | Value | Volume |
| $42.25 | $42.97 | $42.14 | $223.0M | 5.233M |
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| No. | Vol. | Price($) |
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| 4 | 10160 | $42.77 |
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| Price($) | Vol. | No. |
|---|---|---|
| $42.79 | 5000 | 1 |
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