Shares extend yesterday's rally, led up by the big banks and energy stocks, while BHP gives back some of yesterday's outsized jump.
- Business conditions jumped in March to highs not seen since before the global financial crisis
- Woodside hits a 20-month high after oil prices rose further, buoyed by a shutdown in Libya
- BHP rejects suggestions from hedge fund Elliott Associates that is should demerge US petroleum assets
- Analysts say key question is do BHP's Aussie shares trade at a premium or UK stock trade at a discount?
- Aurizon shares jump as first coal train from the cyclone-hit Bowen Basin reaches Gladstone Port
BusinessDay