Monday, May 28, 2007

Stocks Rise in Europe, Asia on Metal Prices; BHP, Arcelor Mittal Advance

(Bloomberg) -- Stocks rose in Europe and Asia paced
by metal producers after copper rallied by the daily limit in
Shanghai. BHP Billiton Ltd., the world's largest mining company,
and Arcelor Mittal, the biggest steelmaker, paced the advance.

``With China's demand increasing and few prospects for
substantial supply growth, there's not much danger of a worsening
commodities market,'' said Yasuhiro Kunii, who helps manage about
$38 billion at Dai-Ichi Mutual Life Insurance Co. in Tokyo.


Read more at Bloomberg Stocks News

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