BHP (ASX:BHP) shares remain in limelight today, here’s why
Highlights: BHP’s share price was mostly driven by strong sectoral performance on ASX today (September 5). BHP’s share price closed 2.857% stronger by the end of Monday’s trading session on ASX. The SP|ASX 200 Materials sector closed 1.944% higher today. Shares of metal and mining giant BHP Group Limited ( ASX:BHP ) closed 3.187% stronger at AU$37.91 per share on ASX today (5 September). Despite sharing any significant announcement today, BHP shares closed in the green zone after Monday’s trading session. Over the last 12 months, BHP ’s share price has declined by more than 10% on ASX. Furthermore, BHP’s YTD -based share price fell almost 11% by the end of today’s trading session on ASX. What''s the reason behind BHP’s good performance on ASX today? It is to be noted that BHP did not share any significant announcements on ASX today, yet its shares have performed well. It seems that sectoral performance might have driven BHP’s share price on ASX today. Today, the ASX 200 Materials sector was one of the best performing sectors on ASX.
BHP (ASX:BHP) shares remain in limelight today, here’s why
Highlights: BHP’s share price was mostly driven by strong sectoral performance on ASX today (September 5). BHP’s share price closed 2.857% stronger by the end of Monday’s trading session on ASX. The SP|ASX 200 Materials sector closed 1.944% higher today. Shares of metal and mining giant BHP Group Limited ( ASX:BHP ) closed 3.187% stronger at AU$37.91 per share on ASX today (5 September). Despite sharing any significant announcement today, BHP shares closed in the green zone after Monday’s trading session. Over the last 12 months, BHP ’s share price has declined by more than 10% on ASX. Furthermore, BHP’s YTD -based share price fell almost 11% by the end of today’s trading session on ASX. What''s the reason behind BHP’s good performance on ASX today? It is to be noted that BHP did not share any significant announcements on ASX today, yet its shares have performed well. It seems that sectoral performance might have driven BHP’s share price on ASX today. Today, the ASX 200 Materials sector was one of the best performing sectors on ASX.