Thursday, June 14, 2007

Asian Stocks Gain for Second Day, Led by BHP Billiton on Metals, Oil Rise

(Bloomberg) -- Asian stocks rose for a second day,
led by BHP Billiton Ltd. and Sumitomo Metal Mining Co., after
prices of copper, nickel and crude oil climbed.

``Globally, economic growth looks strong enough to sustain
high levels of demand for commodities so you can expect strength
to continue in related stocks for as long as that view holds,''
said Hans Kunnen, who helps manage $107 billion at Colonial First
State Global Asset Management in Sydney.


Read more at Bloomberg Stocks News

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