(Bloomberg) -- European stocks advanced as rising
copper prices lifted mining companies including Anglo American
Plc. Voestalpine AG climbed to a record after Credit Suisse Group
raised its price estimate for the steelmaker's shares.
``The future prospects for raw-material producers are
sensational,'' said Herbert Perus, who helps oversee the equivalent
of $57 billion as head of global equities at Raiffeisen Capital
Management in Vienna. ``Looking at long-term demand for commodities,
the only way is up.''
Read more at Bloomberg Stocks News
copper prices lifted mining companies including Anglo American
Plc. Voestalpine AG climbed to a record after Credit Suisse Group
raised its price estimate for the steelmaker's shares.
``The future prospects for raw-material producers are
sensational,'' said Herbert Perus, who helps oversee the equivalent
of $57 billion as head of global equities at Raiffeisen Capital
Management in Vienna. ``Looking at long-term demand for commodities,
the only way is up.''
Read more at Bloomberg Stocks News
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