Economic Calendar

Monday, June 30, 2008

Australia Stocks Update: S&P/ASX 200 Rises 31.20 to 5,268.20

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By Nicolas Johnson

June 30 (Bloomberg) -- Australia's benchmark stock index, the S&P/ASX 200 Index, rose 0.60 percent at 10:05 a.m.

The index of 200 companies traded on the Australian Stock Exchange rose 31.20 to 5,268.20. Among the stocks in the index, 80 rose, 38 fell and 82 were unchanged.

Gains in the S&P/ASX 200 Index were led by Bhp Billiton Ltd, Macquarie Group Ltd and Fortescue Metals Group Ltd. About 87.66 million shares changed hands on the Australian Stock Exchange.

Bhp Billiton Ltd, which rose 74 cents to A$43.63, was the most active stock by value in Australia.

The next most-active issues were Australia & New Zealand Banking Group Ltd, which rose 18 cents to A$19.13, and Babcock & Brown Ltd, which rose 95 cents to A$7.31.

Last Updated: June 29, 2008 20:05 EDT

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