Wednesday, April 25, 2007

Australian Stocks Gain, Led by BHP Billiton, Rio Tinto on Metals Demand

(Bloomberg) -- Australian stocks gained, led by BHP Billiton Ltd. and Rio Tinto Group, after China said it may boost iron-ore imports and prices of copper and zinc advanced.

The S&P/ASX 200 Index rose 22.60, or 0.4 percent, to 6210.80 at 10:24 a.m. in Sydney. About two stocks rose for each that fell.


Read more at Bloomberg Stocks News

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