The following were among the most active shares in the market today. Stock symbols are in parentheses after company names.
Mining companies: A measure of primary metals traded in London fell 1.6 percent.
BHP Billiton Ltd. (BHP) , the world’s No. 1 mining company, advanced 0.3 percent to A$46.60.
Rio Tinto Group (RIO AU), the world’s second-largest mining company by sales, added 0.7 percent to A$84.06.
Oil stocks: Crude oil for June delivery gained as much as 64 cents, or 0.6 percent, to $113.40 a barrel in electronic trading on the New York Mercantile Exchange. The contract was at $113.24 at 8:51 a.m. Sydney time.
Gold producers: Gold futures for June delivery rose $13.60, or 0.9 percent, to settle at $1,517.10 at 1:48 p.m. on the Comex in New York.
Newcrest Mining Ltd. (NCM) , Australia’s biggest gold producer, added 0.3 percent to A$42.13.
AMP Ltd. (AMP) fell 1.4 percent to A$5.52. Australia’s second-largest asset manager had its stock rating cut to “underperform” from “buy” by analysts at BBY Limited.
Computershare Ltd. (CPU) surged 7.8 percent to A$9.63. The world’s biggest share registrar said it agreed to buy the shareholder services business of Bank of New York Mellon Corp. for $550 million.
Origin Energy Ltd. (ORG) declined 1.3 percent to A$16.64. ConocoPhillips’ partner in an $18.5 billion liquefied natural gas project in Australia will consider selling hybrid notes and issuing bonds in the U.S. to help fund the venture, Grant King, managing director of Sydney-based Origin, said.
Sims Metal Management Ltd. (SGM) advanced 1.7 percent to A$17.77. The world’s biggest recycler of scrap metal had its stock rating raised to “buy” from “hold” by analysts at Royal Bank of Scotland Group Plc.
Goodman Fielder Ltd. (GFF) slumped 6.9 percent to A$1.08. Australia’s largest baker cut its full-year profit forecast to between A$140 million and A$150 million.
Gold One International Ltd. (GDO) slipped 7 percent to 46.5 Australian cents. The miner of precious metals said it has made a binding offer to acquire Rand Uranium (Proprietary) Ltd. for $250 million. The offer has been accepted by Rand Uranium shareholders, Pamodzi Uranium (Proprietary) Ltd., Pamodzi Cooke (Proprietary) Ltd. Armgold/Harmony Joint Investment Company (Proprietary) Ltd., subject to conditions.
Contact Energy Ltd. (CEN) advanced 2.4 percent to NZ$6. New Zealand’s biggest publicly traded energy company said it plans a NZ$350 million share sale to existing holders to help fund a geothermal power station on the central North Island.
To contact the reporter for this story: Phoebe Sedgman in Wellington at firstname.lastname@example.org.