Australia’s S&P/ASX 200 Index rose 1 percent to 4,307.20 at the close of trading in Sydney. New Zealand’s NZX 50 Index climbed 0.3 percent to 3,011.19 in Wellington.
The following were among the most active shares in the market today. Stock symbols are in parentheses after company names.
Mining shares: Three-month copper on the London Metal Exchange advanced as much as 1.8 percent to $6,848 a metric ton.
BHP Billiton Ltd. (BHP AU), the world’s largest mining company, rose 2.7 percent to A$37.26. Rio Tinto Group (RIO AU) climbed 3.7 percent to A$63.95.
Oil companies: Crude oil for July delivery rose as much as 2 percent to $70.13 a barrel in electronic trading on the New York Mercantile Exchange.
Woodside Petroleum Ltd. (WPL AU), Australia’s second-largest oil and gas producer, gained 1.8 percent to A$42.10. Rival Santos Ltd. (STO AU) rose 2.1 percent to A$12.
Atlas Iron Ltd. (AGO AU) surged 5.1 percent to A$1.865. The mining company was raised to “outperform” from “neutral” at Credit Suisse Group AG.
Foster’s Group (FGL AU) jumped 7.4 percent to A$5.53. Australia’s biggest brewer said it plans to split and separately list its profitable beer unit from its wine business, which has been weighed by a grape glut, U.S. recession, and stronger currency.
Sigma Pharmaceuticals Ltd. (SIP AU) climbed 2.2 percent to 47.5 Australian cents after the Australian Financial Review reported Aspen Pharmacare Holdings Ltd. may increase its offer for the company.
Wattyl Ltd. (WYL AU) soared 40 percent to A$1.165. The Australian paint maker was raised to “outperform” from “neutral” at Credit Suisse Group AG.
Fisher & Paykel Healthcare Corp. (FPH NZ), a New Zealand maker of breathing masks and hospital equipment, dropped 4.4 percent to NZ$3.25 after the company said volatile currency markets may leave full-year profit little changed.