Monday, May 21, 2007

European Mining Stocks Advance, Paced by BHP, Xstrata; Michelin Declines

(Bloomberg) -- European mining stocks rose, led by
BHP Billiton Ltd. and Xstrata Plc, after metal prices climbed.
Benchmarks in the region were little changed.

Some of the region's biggest companies including Societe
Generale, Axa SA, and STMicroelectronics NV weighed on indexes as
the shares traded without the right to their latest dividend.
Michelin & Cie. led tiremakers lower after rubber futures gained.


Read more at Bloomberg Stocks News

No comments: