Sunday, July 1, 2007

Japan's Shares Rise, Led by Mitsui, Trading Houses, on Oil, Rating Call

(Bloomberg) -- Japanese stocks advanced, led by
trading companies such as Mitsui & Co., after the price of oil
climbed to a 10-month high and a brokerage gave the company its
most bullish recommendation.

Oil advanced 1.6 percent to close above $70 a barrel last
week. Mitsubishi UFJ Securities Co. initiated coverage of Mitsui
with a ``strong outperform'' rating.


Read more at Bloomberg Stocks News

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