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The slump in global commodities and spiraling costs have pummeled BHP Billiton (BHP -0.8%)...

  • Monday, March 18, 11:49 AM ET
    The slump in global commodities and spiraling costs have pummeled BHP Billiton (BHP -0.8%) over the past year, and the miner briefly lost its status today as the most valuable company on Australia's stock exchange in favor of Commonwealth Bank. Bank stocks have become more attractive, as a rising outlook for the domestic economy has perked up profits; bank shares now account for a record 30% of the ASX.
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This news story has 4 comments:

  •  
    Not a good sign. Reminds me of what happened here in the US when financials were the most heavily weighted sector. Any time in history when a sector in the S&P 500 gets over 20%, it ends UGLY!! Just a reminder!!
    18 Mar, 11:56 AM Reply Like
  •  
    At some point, BHP will become unloved enough to be a buy.
    18 Mar, 12:10 PM Reply Like
  •  
    China's economic slowdown impacts BHP.
    18 Mar, 05:12 PM Reply Like
  •  
    China temporary economic slowdown impacts BHP.
    18 Mar, 05:15 PM Reply Like
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