- ASX200 closed tad higher today with Costa Group and Nufarm Limited as two best performers.
- The energy and material biggies like RIO, BHP and Santos also added to the overall ASX200 performance
The ASX200 closed about 0.37% higher, at 7,155.20 points on 25 May. Seven of eleven sectors closed strong. Inline, the biggest fifty companies listed on the ASX, in terms of market capitalisation also posted gains on the ASX.
The representative ASX50 Index (XFL) closed 0.580% up. Also, the energy sector index of ASX200 stocks (XEJ) is 0.546% higher. Meanwhile, the materials sector representative ASX200 Materials Index (XMJ) closed 0.585% up.
With this at the back, covered here are share price movements and the latest updates of BHP Group Limited (ASX:BHP), Rio Tinto (ASX:RIO) and Santos Limited (ASX: STO) from the ASX50-listed companies.
BHP Group Limited (ASX:BHP)
BHP Group Limited belongs to the materials sector on the ASX50 index. The company has recently been in the media for its merger with Woodside petroleum. BHP undertook the union to expand its oil and gas portfolio. BHP’s most recent announcement on ASX is also related to the in-specie dividend for the Woodside Merger. While today there are no new media releases by the company, BHP's share price closed down 10%. In the last five trade days, the company has gained 5.29% on its shares. It still holds a market capitalisation of AU$241.97 billion. The company also has an annual dividend yield of 10.03%.
Read along to know more on Rio Tinto and Santos Limited.
Rio Tinto (ASX:RIO)
Another important minerals and metals explorer on the ASX50 index is Rio Tinto. The company has grabbed some media attention in the recent past for its Oyu Tolgoi based project in Mongolia. It also announced funding arrangement revisions with Turquoise Hill Resources. While there are no new announcements today, RIO shares moved up more than 2%. However, the stock ended 1.3% higher at AU$111.960 per share. The company has a market capitalisation of AU$41 billion. The company provides an annual dividend yield of 12.88%.
Santos Limited (ASX:STO)
Belonging to the energy sector on the ASX50 Index, is Santos Limited. The oil and gas explorer and producer has also been venturing into green energy sources. However, its recent release on the ASX was regarding new gas exploration areas in Central Queensland getting added to its portfolio. Other than this, Santos released a daily buy-back notification taking its on-market buy-back to over 16.86 million shares to date. Meanwhile, STO share price ended 0.734% up on the ASX today. The company holds a market capitalisation of AU$27.67 billion as of date. The annual yield on STO shares is about 2.38%.
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