BHP Billiton ended yesterday at $56.67, a 2.98% increase

Published: May 27 2023, 03:36 GMT+0

BHP Billiton ended yesterday at $56.67, a 2.98% increase

A quick look at yesterday: bullish sentiment helped the mining, metals and petroleum multinational to hammer out a noteworthy $56.33 to $56.84 range yesterday, and finally closing at $56.67 to end the session.

On the flip side, following a previous reading of 0.3%, Core Durable Goods Orders in United States released yesterday at 12:30 UTC fell short of the 0% figure expected by analysts with an actual reading of -0.2%.

At the same time, United States Core PCE Price Index (MoM) (Apr) released yesterday at 12:30 UTC with a figure of 0.4, while the previous figure was 0.3. Fresh CFTC Crude Oil speculative net positions data from United States came out at 193,100.

Over the past 11 months, the resources giant has retreated 23.14% from a noteworthy peak of $71.6.

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