Can someone explain why a company such as BHP goes up nearly 3 percent in the US or UK markets, then only 2 in the AU? This wasn't isolated either. This week I watched the UK and US price of BHP consistently overperform the same stock in AU.
A quick look at BHP. On friday closed .44 up in the US. Same stock in AU, .6 down.
Tuesday in the US, BHP was up 2.57%. In AU, just over 1.6%. Throughout the week the UK and US "versions" of BHP outperformed the AU share.
Can someone explain why their markets continue to outperform ours? I'd like to think that I'm comparing apples to apples. Am I missing somthing?