Thursday, April 26, 2007

Australian Stocks Fall, Led by BHP Billiton, Rio on Lower Metals Prices

(Bloomberg) -- Australian stocks declined, led by BHP Billiton Ltd. and Rio Tinto Group, after prices for metals such as copper, zinc and lead slumped.

The S&P/ASX 200 Index dropped 28.30, or 0.5 percent, to 6183.90 at 10:25 a.m. in Sydney. About two stocks fell for each that gained. The index is set for a 0.4 percent weekly decline.


Read more at Bloomberg Stocks News

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