BHP Surges Past CBA as Copper Prices Fuel Record Share Price

BHP's dominance in the Australian stock market continues to grow as its share price soared above $68 on Tuesday, surpassing Commonwealth Bank and cementing its title as the ASX's most valuable company with a market capitalization of $344.7 billion.

This marks a significant milestone for BHP, which has been a standout performer in recent times due to soaring copper prices.

Last year, some prominent fund managers were criticized for sitting out the rally in Commonwealth Bank, which had become too expensive and subsequently weighed heavily on the S&P/ASX 200 Index.