Resources shares
Why are ASX mining shares like BHP (ASX:BHP) rising today?
Various ASX mining shares have seen their share prices rise this morning, including the BHP Group Ltd (ASX:BHP) share price rising 1.4%.
July 13, 2023
Big money is not in the buying or selling, but in the waiting.
For my own portfolio, I like to find ASX shares that are growing their dividends. Growth is an essential part of the dividend equation for me. I want to see that the dividend increases are funded by growing earnings and/or growing underlying asset values. I also have a portion of my portfolio invested in an ETF that picks undervalued global businesses with strong competitive advantages.
For Rask Media, I have an interest in covering technology (and tech-related) businesses with a global growth story, as well as cyclical companies that are cheaply priced because they’re at a low point in the cycle, such as retailers and resource businesses which could benefit strongly in the medium-term.
Various ASX mining shares have seen their share prices rise this morning, including the BHP Group Ltd (ASX:BHP) share price rising 1.4%.
The KMD Brands Ltd (ASX:KMD) share price has dropped around 11% after reporting a slow start to winter trading.
The RPMGlobal Holdings Ltd (ASX:RUL) share price has jumped 10% after the ASX tech share revealed a strong FY23 update.
The Fortescue Metals Group Ltd (ASX:FMG) share price is up around 1% after reports of the company’s US battery plans.
The MFF Capital Investments Ltd (ASX:MFF) share price is higher after the ASX-listed investment company (LIC) announced some FY23 numbers.
The GQG Partners Inc (ASX:GQG) share price seems to me like an excellent ASX dividend share opportunity to buy a high-performance business.
ASX growth shares can make really big returns if things go well. Companies that are growing revenue and seeing rising margins are exciting.
The Aeris Resources Ltd (ASX:AIS) share price fell 16% after giving a market update which included a profit warning.
The Fortescue Metals Group Ltd (ASX:FMG) share price has managed to stay above $20 for most of 2023. Could it be a buy for FY24?
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