Adelaide Brighton, Macarthur Coal, Woodside: Australia, New Zealand Stocks

Australia’s S&P/ASX 200 Index gained 1.3 percent to 4,276.10 at the close of trading in Sydney. New Zealand’s NZX 50 Index advanced 0.2 percent to 2,952.40 in Wellington.

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.

To contact the reporters for this story: Lisa Pham in Sydney at

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