Australian Mining Stocks Gain, Led by BHP; Lend Lease Declinesadmin
Australian mining stocks rose, led by BHP Billiton, after prices for metals including copper and zinc gained. Lend Lease Corp. and Fairfax Media Ltd. declined after the companies posted lower first-half earnings.
The S&P/ASX 200 Index fell 3.10, or 0.1 percent, to 5924.10 at the close in Sydney. New Zealand’s NZX 50 Index fell 0.2 percent to 4179.57 at the close in Wellington.