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BHP in the spotlight on Tuesday: 9 shares you need to watch today

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:

  1. Here’s why you better hope like hell this is no house price bubble
  2. 3 reliable dividend shares that could help you to an early retirement

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Motley Fool contributor Ryan Newman has no position in any stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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