Miners Lift ASX, Oil Search, BHP, Rio, Newcrest
In Sydney, Australia, BHP Billiton was up 13 cents at $45.05, and Rio Tinto added 40 cents at $85.51.
Oil Search dipped two cents to $6.75 despite saying its oil and gas production came in above guidance in 2010 at 7.66 million barrels of oil equivalent (mmboe), following a better-than-expected performance from fields in Papua New Guinea.
Newcrest advanced 59 cents to $37.62 as it knocked the top off its full-year gold production guidance, but reported better-than-expected output for the December quarter.
The benchmark S&P/ASX200 Index ended the day 21.8 points higher, or 0.5 per cent, at 4807.8 points, while the broader All Ordinaries Index added 20.9 points, or 0.4 per cent, at 4909.
Among the key sectors, financials advanced 0.4 per cent, materials rose 0.5 per cent and industrials added 0.6 per cent.
Preliminary national turnover was 2.69 billion shares worth $4.52 billion, with 614 stocks up, 577 down and 365 unchanged.
Shayne Heffernan
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