Tuesday, June 19, 2007

Australia's S&P/ASX 200 Falls, Led by BHP Billiton, Rio on Metals Prices

(Bloomberg) -- Australia's S&P/ASX 200 Index
dropped, snapping four days of gains. BHP Billiton Ltd. and Rio
Tinto Group fell after metals prices slid, and on speculation
they may bid for Canada's Alcan Inc.

The S&P/ASX 200 Index slipped 13.90, or 0.2 percent, to
6358.10 as of 10:27 a.m. in Sydney. About five stocks rose for
every four that fell.


Read more at Bloomberg Stocks News

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