Bloomberg News

Australian Equities: ANZ Bank, BHP Billiton, Rio, Orica, Santos

January 03, 2012

Jan. 3 (Bloomberg) -- Australia’s S&P/ASX 200 Index rose 1.1 percent to 4,100 at 10:25 a.m. in Sydney.

The following were among the most active shares in the market today. Stock symbols are in parentheses after company names.

Australia & New Zealand Banking Group Ltd. (ANZ AU) advanced 1.4 percent to A$20.82 in Sydney. The lender won its biggest share of Australia’s bond underwriting market on record after expanding in Asia and the nation’s banks captured the top four slots for the first time since 2007.

BHP Billiton Ltd. (BHP AU) rose 1.6 percent to A$34.98. The world’s biggest mining company gained after the London Metal Exchange Index of six metals advanced 2.1 percent on Dec. 30. Rio Tinto Group (RIO AU) climbed 1.6 percent to A$61.26.

Orica Ltd. (ORI AU) gained 0.4 percent to A$24.33. The world’s largest industrial explosives maker will restart an ammonia plant in Australia today after it was shut by chemical leaks.

Santos Ltd. (STO AU) advanced 0.8 percent to A$12.34. The Australian energy company gained after crude oil for February delivery rose as much as 1.7 percent, to $100.51 a barrel in electronic trading on the New York Mercantile Exchange as of 10:04 a.m. Sydney time. Woodside Petroleum Ltd. gained 0.9 percent to A$30.98.

--Editor: John McCluskey

To contact the reporter on this story: Jacob Greber in Sydney at jgreber@bloomberg.net

To contact the editor responsible for this story: Nick Gentle at ngentle2@bloomberg.net


The Good Business Issue
LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus