CAPITAL MARKETS

South32 dominates WA Index

THE Deloitte WA Index increased by 11.9% last month, led by the listing of BHP Billiton spin-off South32 which strengthened the state’s position as a global leader in the resources sector despite depressed commodity prices impacting its coffers.

Anthony Barich
South32 dominates WA Index

The index’s increase was primarily driven by the listing of South32 during the month, which ranked third with its market capitalisation. South32 closed May with a market cap of $A11.7 billion, having...

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