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Australian, N.Z. Stocks: BHP, Telstra Corp., Lend Lease, Santos

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Oct. 19 (Bloomberg) -- Australia’s S&P/ASX 200 Index rose 0.6 percent to 4,213.70 at the close of trading in Sydney. New Zealand’s NZX 50 Index gained 0.6 percent to 3,300.03 in Wellington.

The following were among the most active shares in the market today. Stock symbols are in parentheses after company names.

Oil stocks: Crude rose to the highest level in more than a month yesterday.

Santos Ltd. (STO AU), Australia’s third-largest oil and gas producer, rose 1 percent to A$12.34. Woodside Petroleum Ltd. (WPL AU), the second-biggest, advanced 0.2 percent to A$35.06.

Banks and U.S.-linked shares: Bank of America Corp. swung to a profit and Intel Corp. forecast sales that beat analyst estimates, raising hopes economic growth will stabilize.

Commonwealth Bank of Australia (CBA AU), the nation’s biggest lender by market value, rose 1.2 percent to A$48.01. National Australia Bank Ltd. (NAB AU) advanced 1.5 percent to A$24.60.

James Hardie Industries SE (JHX AU), which gets 68 percent of its sales from the U.S., gained 3.2 percent to A$5.76. Brambles Ltd. (BXB AU), which gets 45 percent of its revenue from the Americas, climbed 0.9 percent to A$6.80.

Gold producers: Gold for December delivery fell 1.4 percent on the Comex in New York yesterday.

Newcrest Mining Ltd. (NCM AU), Australia’s biggest gold producer, slid 2.3 percent to A$35.75. Rival St. Barbara Ltd. (SBM AU) advanced 1.9 percent to A$2.20.

Lend Lease Corp. (LLC AU) climbed 2.5 percent to A$7.94. Australia’s largest property developer will start a private equity fund to acquire four shopping malls in New Zealand, according to a regulatory filing.

Telstra Corp. (TLS AU) added 1.6 percent to A$3.18. Australia’s biggest phone company gained shareholder approval to give up control of its copper-wire network to a government-backed fiber network in return for A$11 billion ($11.2 billion) of compensation.

New Zealand:

Restaurant Brands New Zealand Ltd. (RBD NZ), which owns KFC, Pizza Hut and Starbucks franchises, fell 6.5 percent to NZ$2.02 after first-half profit slumped due to store closures following the Christchurch earthquake.

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

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

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