Market Review Shares Price Australian Mining Company

List of companies whose shares may rise or fall in Australia. This preview includes news announced after markets closed. All prices are from that day?s close unless otherwise stated.

The S&P/ASX 200 Index futures contract due in December gained 0.4 percent to 4,664 as of 6:59 a.m. in Sydney. The Bank of New York Australia ADR Index lost 0.6 percent. The S&P/ASX 200 Index fell 0.5 percent to 4,661.60.

Mining shares: A measure of metals traded in London slipped 1.4 percent.

BHP Billiton Ltd. (BHP AU), the world?s largest mining company, dropped 0.2 percent to A$41.92 in Sydney. Its American depositary receipts fell 0.3 percent in New York trading.

BHP may increase its bid for Potash Corp. of Saskatchewan Inc. by 10 percent, the Sunday Times reported, citing people it didn?t identify.

Rio Tinto Group (RIO AU), the world?s third-biggest miner, declined 1.3 percent to A$82.69 in Sydney.

Oil producers: Crude oil for December delivery fell 0.9 percent to $81.43 a barrel on the New York Mercantile Exchange.

Woodside Petroleum Ltd. (WPL AU), Australia?s second- biggest oil and gas producer, lost 1.4 percent to A$43.50. Santos Ltd. (STO AU) dropped 0.6 percent to A$12.62.

Gold producers: Gold futures for December delivery rose 1.1 percent to settle at $1,357.60 in New York.

Newcrest Mining Ltd. (NCM AU), Australia?s biggest gold producer, gained 1.6 percent to A$39.96.

Bank shares: Australian banks won?t be justified in raising interest charges by a larger margin than a possible increase in the official rate of the Reserve Bank of Australia,? Treasurer Wayne Swan wrote in his weekly economic note.

Australia & New Zealand Banking Group Ltd. (ANZ AU) climbed 0.3 percent to A$24.81. National Australia Bank Ltd. (NAB AU), the nation?s biggest business lender, gained 0.5 percent to A$25.46.

AMP Ltd. (AMP AU): Australia?s second-largest asset manager was downgraded to ?underweight? from ?neutral? at JPMorgan Chase & Co. The shares sank 2.9 percent to A$5.34.

Gunns Ltd. (GNS AU): The nation?s biggest woodchip exporter was downgraded to ?sell? from ?hold? at Deutsche Bank AG. The stock slumped 7.5 percent to 67.5 Australian cents.

Karoon Gas Australia Ltd. (KAR AU): ConocoPhillips? partner in a gas venture off northwest Australia was raised to ?outperform? from ?neutral? by analysts at Macquarie Group Ltd. The stock dipped 0.2 percent to A$9.36.

Ten Network Holdings Ltd. (TEN AU): The broadcaster?s board has opposed the appointment of Seek Ltd. co-founder Paul Bassat to the board by billionaire James Packer, the Australian newspaper reported, without saying where it got the information.

Packer, who bought an 18 percent stake in the network last month, wants board seats for himself, partner Lachlan Murdoch and Bassat, the newspaper said. Ten?s shares fell 4 percent to A$1.44.