Monday, June 11, 2007

Japanese Insurance Stocks Slide, Led by Millea; Trading Companies Advance

(Bloomberg) -- Shares of Japanese insurance
companies dropped on speculation recent stock price gains have
been excessive given their profit outlook.

Millea Holdings Inc. fell 1.8 percent after soaring 20
percent in the past month. Trading companies climbed after
prices for commodities including copper, gold and oil rebounded.


Read more at Bloomberg Stocks News

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