The following were among the most active shares in the market today. Stock symbols are in parentheses after company names.
Adelaide Brighton Ltd. (ABC AU) jumped 9.3 percent to A$2.94 after the Australian producer of construction materials said it expects net profit after tax for the six months ended June 2010 to be between A$62 million and A$65 million.
Australian Infrastructure Fund (AIX AU) rose 1.8 percent to A$1.725. The fund was raised to “buy” from “neutral” at UBS AG.
Iress Market Technology Ltd. (IRE AU) lost 3 percent to A$8.30. The financial-information provider had its rating cut to “hold” from “buy” by analysts at Deutsche Bank AG.
Macarthur Coal Ltd. (MCC AU) gained 0.7 percent to A$13.84. The world’s largest producer of pulverized coal used by steelmakers raised its full-year profit forecast because of increased sales.
Woodside Petroleum Ltd. (WPL AU) gained 1.9 percent to A$41.65. Australia’s second-largest oil and gas producer was raised to “outperform” from “neutral” at Credit Suisse Group AG by equity analyst Andrew Williams.