BHP Billiton levels up 2.98% in yesterday's session; traders eye opening bell in 3 days time

Published: May 27 2023, 01:00 GMT+0

BHP Billiton levels up 2.98% in yesterday's session; traders eye opening bell in 3 days time

Yesterday at a glance: an influx of buyers helped the mining, metals and petroleum multinational to end the session higher around $56.67, while establishing a $56.33 to $56.84 session range yesterday.

  • The day's trading volume totalled 2.32 million shares — slightly under the 21-day average of 2.61 million.

With investors awaiting market open on the New York Stock Exchange in 3 days, yesterday's session was noteworthy in that S&P 500 built upon its previous close around 4,151.28 to gain 1.3%, before closing the session at 4,205.45. BHP Billiton went up yesterday and similar gains were seen throughout the Basic Materials sector (up 0.109%).

Having soared to a high of $71.6 approximately 11 months ago, the mining, metals and petroleum multinational is now trading 23.14% lower. So far this year, it has been doing worse than the S&P by 16.77%. The company's market cap currently stands at $205 billion with an average daily volume of 2.61 million shares.

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