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ASX 200 ends down; BHP trims losses after profit beat as iron ore passes $US130 per tonne

Shares slip 0.2 per cent as BHP trims loss after profit slump. Iron ore jumps to June 2022 high. Santos gets nod for gas project. Johns Lyng soars on outlook as Ingenia dives.

David Rogers, Valerina Changarathil, Hayden Johnson and Matt Bell

Major earnings updates will keep Aussie equity investors busy on Tuesday with no lead from Wall Street due to a public holiday in the US. Picture: Gaye Gerard

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6:34AMFebruary 21, 2023.

Updated 5:37PMFebruary 21, 2023

The Australian Business Network

Welcome to the Trading Day blog for Tuesday, February 21. The Australian sharemarket eased down on Tuesday as investors weighed results headlined by Coles and BHP.

The S&P/ASX 200 eased 0.2 per cent to 7336.30. For the month, the benchmark index is down nearly 2 per cent.

Wall Street was closed on Monday, but futures tied to the S&P 500, Dow Jones and Nasdaq were all down by about 0.4 per cent.

The dollar was near US68.95c at the close.