Monday, May 21, 2007

Australia's Resources Stocks Climb, Led by BHP, Woodside; AWB Declines

(Bloomberg) -- Australian resources stocks rose, led
by BHP Billiton Ltd. and Woodside Petroleum Ltd., after prices of
commodities including crude oil and copper climbed.

AWB Ltd. fell after a government minister yesterday said the
company, which was previously the nation's monopoly wheat
exporter, won't have its trading powers restored.


Read more at Bloomberg Stocks News

No comments: