Friday, July 6, 2007

Asian Stocks Rise Most in Five Weeks; Cnooc, BHP Advance on Oil, Metals

(Bloomberg) -- Asian stocks gained the most in five
weeks, led by Cnooc Ltd. and BHP Billiton Ltd., after prices of
crude oil and metals rose.

``Global growth is continuing to be very strong,'' said
Sean Fenton, who helps manage $832 million at Jenkins Investment
Management in Sydney. ``We expect it to be supportive of
resources shares for some years to come.''


Read more at Bloomberg Stocks News

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