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BHP surpasses CBA to be the biggest company on the ASX

Commonwealth Bank had been the top stock since 2024, but BHP won back its title yesterday.

Rising prices of a range of commodities have driven a sharp rise in many mining shares.

Mining giant BHP is the ‘Big Australian’ once again after surpassing the Commonwealth Bank to become the biggest stock on the ASX, with a market capitalisation of more than A$253 billion ($294b).

The ongoing rise in commodities, particularly metals, over 2025 has seen shares in BHP put on close

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Lachlan Colquhoun Wed, 28 Jan 2026
Contact the Writer: lachlan@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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BHP surpasses CBA to be the biggest company on the ASX
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