BHP issues an H1 Operational Review on Tuesday (22nd Jan)

• BHP last reported an Q1 Operational Review on 17 Oct.
• The shares posted a daily trading range of 52.2p or 3.3%
• Copper production fell 12% QoQ; FY guidance reduced by 3% due to outages.
• Shares -4.7% from 2019 highs; +3.25% from 2019 lows; -2% year-to-date.
• Currently 1617p (at time of writing).
• BHP publishes H1 Operational Review on Tue, 22 Jan. Will we see another big move?
• Source: Bloomberg, FT, Reuters, DJ Newswires, AphaTerminal

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Trading BHP – An Example

Let’s say you think that BHP results are likely to be good, and the share price is likely to rise. You decide to buy exposure to £10,000 worth of BHP using CFDs, at the current price of 1617p. To do this, you need £2,000.

For the purpose of this example, let’s assume BHP reports strong results and the shares rise 10%. Your profit would be £1,000, from your initial investment of £2,000.

Conversely, let’s assume you open the above position, and place a stop-loss 8% below the current price. BHP results miss, it falls 8% and hits your stop-loss. Your loss would be £800.

This is provided for information purposes only. It should not be taken as a recommendation.