BHP shares hit a fresh 52-week high — can it knock CBA off the ASX throne?
BHP Group shares rose 2.9% to A$49.53 by late morning in Sydney, lifting its market cap to about A$244.35 billion and narrowing the gap with Commonwealth Bank’s A$255.62 billion. BHP touched a 52-week high at A$49.58. Investors moved into miners as banks slipped, with the S&P/ASX 200 up 0.14%. BHP’s quarterly report is due Jan. 20.