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Key facts: BHP Shares Up 1.1%; S&P/ASX 200 Hits Two-Month High
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business3h ago

Key facts: BHP Shares Up 1.1%; S&P/ASX 200 Hits Two-Month High

  • BHP shares rose 1.1%, lifting the S&P/ASX 200 to a two-month high as copper prices surged.
  • CEO Mike Henry prioritized growth strategies over mergers to keep financial discipline.
  • The ASX 200's move coincided with copper price strength supporting miners.
  • The market backdrop linked to commodity momentum and company strategy signals.
  • ASX 200 traded at 8,820.60 points, marking the two-month high.
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