Australia shares rise most in three weeks as data spurs economic recovery hopes [Reuters]
BHP Group Limited American Depositary Shares (Each representing two Ordinary Shares) (BHP)
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Source: Reuters
Australia shares rise most in three weeks as data spurs economic recovery hopes * Miners and financials lift the index * Q2 GDP data likely to show record contraction * NZ bourse marks best day in over a week Sept 2 (Reuters) - Australian shares were set for their best session in three weeks on Wednesday, boosted by miners and financials, as upbeat U.S. manufacturing data and factory expansion in China fuelled optimism over an economic recovery. The S&P/ASX 200 index rose as much as 1.5% to 6,043.90 by 1245 GMT, its biggest intraday percentage jump since Aug. 10. On investors’ radar, is the country’s second-quarter GDP data due later in the day, which is widely expected to show a record contraction. Sparking hopes of a rebound in economic activity in the coming months was better-than-expected U.S. manufacturing activity data and a report out of China on Tuesday showing factory activity expanded at the fastest rate in nearly a decade in August. That helped Wall Street’s benchmark S&P 5
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BHP
Sec Filings
- 4/18/24 - Form 6-K
- 4/9/24 - Form 6-K
- 4/3/24 - Form 6-K
- BHP's page on the SEC website