Aussie shares higher as BHP soars on earnings beat

Global Markets | Australian shares rises as BHP unearths record high on first‑half profit beat

Australian shares climbed on Tuesday. BHP surged to a record, boosting the resources sector. This set the tone as earnings season began. The S&P/ASX 200 extended gains. Focus remained on domestic earnings due to market closures elsewhere. Investors watched for signals on iron ore demand and the sector outlook. Jobs data is now a key focus.

BHP, CBA help ASX profit season get off to ‘unusually strong start’

Bumper results from the miners and banks have led to early upgrades to the ASX earnings forecast, which bodes well for the sharemarket’s outlook in 2026.

Aussie shares higher as BHP soars on earnings beat

A strong interim performance from market heavyweight and mining giant BHP is supporting the local bourse, in a mixed day for the rest of the exchange.

BHP Lifts S&P ASX 200 as Mining Giant Hits Record High

BHP Lifts S&P ASX 200 as Mining Giant Hits Record High

ASX Climbs as BHP Hits Record High

The Australian sharemarket experienced gains on Tuesday, primarily driven by BHP’s exceeding expectations with a US$5.64 billion first-half profit. This surge propelled the mining giant’s share price to a record high. The S&P/ASX 200 Index rose by 34.7 points, or 0.4 per cent, to 8971.80. Market volumes were subdued due to Wall Street’s closure for President’s Day and China’s week-long Lunar New Year holiday. BHP is a leading global resources co…

Lunch Wrap: BHP muscle drags ASX higher as miners take centre stage

ASX lifts as BHP drags the miners higher Tech gives back gains as WiseTech tumbles Woodside reserves shrink and Sims stumbles   The ASX 200 was up about 0.45% by Tuesday lunchtime in Sydney. Wall Street was out of the picture last night, thanks to Presidents Day, which meant no fresh US mood swings to copy. In Europe, stocks shuffled higher in a narrow range.   Back home this morning, the broader mining sector was the king for the day, while gol…