The BHP Billiton Limited (ASX: BHP) share price will be among those in focus again today after the Big Australian soared on Monday. The broader market is tipped to remain mostly flat when the opening bell rings following yesterday's 50-point surge.
Here's a quick recap:
- FTSE 100 (UK): down 0.01%
- DAX (Germany): down 0.2%
- CAC 40 (France): down 0.54%
- Dow Jones (USA): up 0.01%
- NASDAQ (USA): up 0.05%
The BHP share price soared higher on Monday after an activist US investor demanded the demerger of the company's oil assets and suggested the company delist its London-listed shares. The shares ended the session 4.6% higher.
The Reject Shop Ltd (ASX: TRS) share price, on the other hand, was in the firing line once again, plunging 18.6% following Friday's disappointing business update. The shares have now fallen 47.5% over the past two sessions.
Other companies that recorded sharp moves on Monday include Mesoblast limited (ASX: MSB), BT Investment Management Ltd (ASX: BTT), AGL Energy Ltd (ASX: AGL) and BlueScope Steel Limited (ASX: BSL), so it's worth keeping an eye on those shares today.
Meanwhile, Downer EDI Limited (ASX: DOW) has issued a replacement bidder's statement, offering $1.15 cash per share of Spotless Group Holdings Ltd (ASX: SPO). Spotless Group's share price closed at $1.09 on Monday afternoon.
And finally, Sirtex Medical Limited (ASX: SRX) provided an update on its proposed $30 million share buy-back. The company said the buy-back, which was due to commence on 17 April, has been delayed.
Before getting started on your day, be sure to check out these two articles:
