Friday, July 6, 2007

European Stocks Rise, Paced by Shell, BHP Billiton; UBS, Peugeot Advance

(Bloomberg) -- European stocks rose after Deutsche
Bank AG increased price estimates for oil companies and Credit
Suisse Group said BHP Billiton Ltd. may expand in Latin America
to meet growing demand from China.

Royal Dutch Shell Plc and BP Plc lifted the Dow Jones Europe
Stoxx Oil & Gas Index to a record. BHP Billiton, the world's
biggest mining company, gained for the seventh straight day. UBS
AG rose after the largest money manager ousted Chief Executive
Officer Peter Wuffli. PSA Peugeot Citroen SA, Europe's second-
biggest carmaker, climbed on plans to increase market share.


Read more at Bloomberg Stocks News

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