Aquila, BHP, Macarthur, News, Santos: Australian Stock Preview

The following is a list of companies whose shares may have unusual moves in Australia. The preview includes news announced after markets closed. All prices are from yesterday’s close unless otherwise stated.

The S&P/ASX 200 Index futures contract due in September climbed 1.1 percent to 4,240 as of 6:59 a.m. in Sydney. The Bank of New York Australia ADR Index gained 3 percent. The S&P/ASX 200 Index rose 2.7 percent to 4,183.40.

Mining companies: A measure of primary metals traded in London rose 2 percent yesterday.

BHP Billiton Ltd. (BHP) , the world’s No. 1 mining company, climbed 3.7 percent to A$38.23. Its American depositary receipts added 2.6 percent in New York trading. BHP Chairman Jacques Nasser will put the entire board of directors up for vote at the annual general meeting next month, the Australian newspaper reported, without citing anyone.

Rio Tinto Group (RIO AU), the world’s second-largest mining company by sales, gained 3.2 percent to A$70.60 in Sydney.

Oil stocks: Crude oil for October delivery rose 3.9 percent on the New York Mercantile Exchange.

Woodside Petroleum Ltd. (WPL) , Australia’s second- biggest oil and gas producer, advanced 0.5 percent to A$33.92. Santos Ltd. (STO) , Australia’s third-largest oil and gas producer, rose 3.8 percent to A$11.50.

Gold producers: Gold futures for December delivery declined 3 percent on the Comex in New York.

Newcrest Mining Ltd. (NCM) , Australia’s biggest gold producer, lost 0.6 percent to A$39.53. Rival St. Barbara Ltd. (SBM AU) dropped 0.5 percent to A$2.23.

Aquila Resources Ltd. (AQA) : The coal and iron-ore explorer was raised to “neutral” from “underperform” at Credit Suisse Group AG. The stock surged 6.7 percent to A$6.03.

Macarthur Coal Ltd. (MCC) : Anglo American Plc decided against a takeover offer for Macarthur Coal, the Australian miner that’s the target of a bid from Peabody Energy Corp., said two people familiar with the process. Macarthur’s shares added 0.1 percent to A$15.97.

News Corp. (NWS) : London police probing phone hacking at News Corp. (NWSA)’s U.K. operations arrested a journalist who has worked at the Times and Evening Standard in London, a person familiar with the matter said. The stock gained 3.3 percent to A$15.76.

To contact the reporter on this story: Shani Raja in Sydney at sraja4@bloomberg.net.

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

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