Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Computershare, New Hope, Orica, Atlas: Australian, N.Z. Equities

Nov. 7 (Bloomberg) -- Australia’s S&P/ASX 200 Index declined 0.2 percent to 4,273.40 at the close of Sydney trading. New Zealand’s NZX 50 Index gained 0.3 percent to 3,342.19 in Wellington.

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

Mining stocks: The London Metal Exchange Index of prices for six metals, including copper and aluminum, fell 0.2 percent on Nov. 4.

BHP Billiton Ltd. (BHP AU), the world’s No. 1 mining company, fell 0.7 percent to A$37.70. Rio Tinto Group (RIO AU), the second-largest global miner by sales, slipped 1.7 percent to A$68.80.

Computershare (CPU AU), the world’s biggest share registrar, surged 16 percent to A$8.44 after receiving U.S. regulator clearance to buy Bank of New York Mellon Corp.’s Shareowner Services business.

Orica Ltd. (ORI AU) advanced 4.6 percent to A$25.41. The explosives and chemicals producer reported full-year net income of A$642.3 million, beating analyst estimates of A$621 million.

Resolute Mining Ltd. (RSG AU) gained 6.2 percent as gold for immediate delivery advanced as much as 1 percent to $1,770.90 an ounce, the highest level since Sept. 22.

New Hope Corp. (NHC AU) rose 0.9 percent to A$5.90. Tata, India’s largest business group, may bid to buy the coal producer, three people familiar with the plan said Nov. 5.

Fortescue Metals Group Ltd. (FMG AU), Australia’s third-biggest iron ore producer, declined 3.9 percent to A$4.88. Atlas Iron Ltd. fell 3.7 percent A$3.09 as concerns about iron ore demand from China persist.

To contact the reporter on this story: Elisabeth Behrmann in Sydney at ebehrmann1@bloomberg.net

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

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.