By Hanny Wan
Jan. 9 (Bloomberg) -- The S&P/ASX 200 Index climbed 41.30 points, or 1.1 percent, to 3,735.60 at 10:28 a.m. in Sydney. The broader All Ordinaries Index advanced 36.60 points, or 1 percent, to 3,680.20, while the futures contract expiring in March added 0.8 percent to 3,723.
Mining shares: Lihir Gold Ltd. (LGL AU) jumped 6.5 percent to A$2.62. Gold futures for February delivery rose $12.80, or 1.5 percent, to $854.40 an ounce yesterday on the Comex division of the New York Mercantile Exchange, the biggest gain for a most-active contract since Dec. 31.
Aquarius Platinum Ltd. (AQP AU), a miner of the metal in South Africa and Zimbabwe, climbed A$0.15, or 3.1 percent, to A$4.93. Platinum rose, closing above $1,000 an ounce for the first time since October, on speculation U.S. government plans to bolster the economy will boost demand at a time when companies are cutting production.
Macquarie Group Ltd. (MQG AU) dropped A$0.47, or 1.5 percent, to A$32.03. Australia’s largest investment bank yesterday said “exceptionally challenging” markets will dent profitability.
Woodside Petroleum Ltd. (WPL AU) rose A$0.56, or 1.5 percent, to A$36.99.
Crude oil futures advanced 1.7 percent to $42.40 a barrel in New York in after-hours trading as of 10:19 a.m. Sydney time, halting a three-day, 15 percent slump.
To contact the reporter on this story: Hanny Wan in Hong Kong at hwan3@bloomberg.net
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