Sept 13 (Reuters) - Australian shares rose on Monday as
airport operator Sydney Airport Holdings surged after getting a
sweetened takeover offer, with firmer energy stocks boosting the
The S&P/ASX 200 index rose 0.3% to 7,427.60 by 0056
Sydney Airport Holdings Pty jumped more than 5% to
be the top percentage gainer on the benchmark index. The company
granted due diligence access to a consortium of infrastructure
investors after the group raised its takeover proposal.
Aiding sentiment, Prime Minister Scott Morrison announced
that Australia purchased an additional 1 million doses of
Moderna's COVID-19 vaccine from the European Union, at
a time when the country battles record-high cases.
The ASX 200 energy index rose 1.37%, led by Santos
Ltd, up 2.15%, followed by Woodside Petroleum Ltd
, gaining 1.66%.
The sub-index tracked oil prices which climbed to a one-week
high on concerns over U.S. supplies due to the damage from
The mining index rose 1.26%, led by Ioneer Ltd
, up 5.3%. Lynas Rare Earths Ltd followed suit
with its 4.79% gain.
Nickel prices had jumped on Friday to their highest in more
than seven years due to shortages created by a sharp rise in
demand from stainless steel mills and electric vehicle battery
makers and sliding stocks.
The gold index rose 0.49%, while technology stocks
fell 0.9% .
In New Zealand, the benchmark S&P/NZX 50 index
inched 0.15% higher to 13,083.3.
Elsewhere, Japan's Nikkei was down 0.28% at 30298.03
while S&P 500 E-minis futures were up 12.25 points, or
(Reporting by Arundhati Dutta in Bengaluru; editing by