The following is a list of companies whose shares may rise or fall in Australia. This 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 December fell 0.2 percent to 4,734 as of 7:59 a.m. in Sydney. The Bank of New York Australia ADR Index slipped 0.6 percent. The S&P/ASX 200 Index gained 0.6 percent to 4,728.60.
Mining shares: Copper rose to a 30-month high in New York and touched a record in London as reports showed higher factory output and faster inflation in China, the world’s biggest consumer of the metal.
BHP Billiton Ltd. （BHP AU）, the world’s largest mining company, rose 1 percent to A$44.59 in Sydney. Its American depositary receipts slipped 0.1 percent in New York trading.
Rio Tinto Group （RIO AU）, the world’s third-biggest miner, advanced 1.4 percent to A$87.36 in Sydney.
ASX Ltd. （ASX AU）: Singapore Exchange Ltd.’s proposed takeover of Australia’s main stock exchange operator may have to be changed to keep its compliance role in Australia, the Age newspaper reported, citing an interview with John Brogden, chief executive of the Financial Services Council. A fair set of listing rules may not be guaranteed by foreign ownership, the newspaper said, citing Brogden. ASX shares gained 0.1 percent to A$37.12.
Australia & New Zealand Banking Group Ltd. （ANZ AU）: Australia’s third-largest bank by market value offered an indicative price range of $4.5 billion to $4.6 billion to buy the 51 percent stake in Korea Exchange Bank owned by Lone Star Funds and a further 6 percent held by the Export Import Bank of Korea, Reuters reported, citing persons it didn’t identify. ANZ rose 0.1 percent to A$23.72.
Computershare Ltd. （CPU AU）: The world’s biggest share registrar was raised to “outperform” from “neutral” at Credit Suisse Group AG. Computershare dropped 2.2 percent to A$9.93.
Lynas Corp. （LYC AU）: China, which produces more than 90 percent of the world’s rare earth metals, needs to control exports of the minerals to protect natural resources and cut pollution, said the Chinese Society of Rare Earths. Lynas, a miner of rare earths, jumped 7 percent to A$1.45.
Qantas Airways Ltd. （QAN AU）: Australia’s largest airline will keep its fleet of Airbus SAS A380 planes grounded for at least another 48 hours after a mid-flight turbine explosion, the Australian Financial Review reported, citing an interview with Chief Executive Officer Alan Joyce. Qantas shares rose 2.5 percent to A$2.87.
Telecom Corp. of New Zealand （TEL AU）: Telecom Corp. and Vodafone Group Plc, New Zealand’s the country’s two largest telecommunications groups, submitted a joint bid to build a broadband internet network across the nation’s rural areas. Telecom Corp. shares advanced 1.5 percent to A$1.70.
Woodside Petroleum Ltd. （WPL AU）: Australia’s second- biggest oil and gas producer was downgraded to “neutral” from “outperform” at Credit Suisse Group AG. The stock added 1.2 percent to A$42.74.
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