Sunday, April 22, 2007

Australia's S&P/ASX 200 Gains, Set for Record, Led by BHP, Rio, Westfield

(Bloomberg) -- Australian stocks rose, set for a record close, led by BHP Billiton Ltd. and Rio Tinto Group, as prices for metals, such as copper, zinc and gold, increased.

Westfield Group and CSL Ltd. also gained after U.S. stocks surged to a record as profit reports from companies including Caterpillar Inc. raised confidence global economic growth will be sustained.


Read more at Bloomberg Stocks News

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