Tuesday, July 3, 2007

Australian Stocks Advance for a Second Day, Led by BHP; Exporters Decline

(Bloomberg) -- Australian shares gained for a second
day. BHP Billiton Ltd. climbed after yesterday announcing the
approval of its $1.7 billion Pyrenees oil field project off the
coast of northwestern Australia.

CSR Ltd. rose after Guinness Peat Group Plc said it bought
more than 6 percent of the company's shares.


Read more at Bloomberg Stocks News

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