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
$38.45 |
Change
-0.460(1.18%) |
Mkt cap ! $195.0B |
Open | High | Low | Value | Volume |
$39.00 | $39.07 | $38.28 | $323.2M | 8.359M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 1696 | $38.45 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$38.46 | 24810 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 708 | 38.450 |
1 | 3000 | 38.440 |
1 | 26 | 38.420 |
2 | 1745 | 38.410 |
9 | 3475 | 38.400 |
Price($) | Vol. | No. |
---|---|---|
38.500 | 135 | 1 |
38.540 | 350 | 1 |
38.550 | 200 | 1 |
38.700 | 13 | 1 |
38.720 | 426 | 1 |
Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
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