Wednesday, June 13, 2007

European Stocks Rebound; Antofagasta, Rio Tinto Group, Ericsson Advance

(Bloomberg) -- European stocks rose as bond yields
retreated from five-year highs and Antofagasta Plc said 2007 will
be a ``good'' year, underpinning gains by mining companies.

UniCredit SpA, Italy's biggest lender, and phone company BT
Group Plc, paced an advance by companies that are the most
sensitive to lower interest rates. Antofagasta, a copper mining
company, climbed to a record. Ericsson AB rebounded from a one-
month low after Citigroup Inc. recommended shares of the world's
largest maker of wireless phone networks.


Read more at Bloomberg Stocks News

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