Tuesday, January 30, 2007

European stocks flat in early trade, miners fall

European shares were flat to slightly lower in morning trade on Tuesday after a muted performance on Wall Street, while miners including BHP and Anglo American tracked losses in copper prices.

Shares in bid target Corus extended their ascent and rose 0.6 percent to a new seven-year high of 563 pence, ahead of a proposed auction for the Anglo-Dutch steelmaker, with both India's Tata Steel and Brazil's CSN interested suitors.

Read Full Article at Reuters South Africa

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