Friday, June 8, 2007

U.K.'s FTSE 100 Closes Unchanged; Shell Gains on Merrill Lynch Upgrade

(Bloomberg) -- U.K. stocks including Royal Dutch
Shell Plc rose after Merrill Lynch & Co. suggested investors
increase their holdings of the shares. BHP Billiton paced falling
shares after copper fell in London. Rexam Plc declined on talks
to buy a plastics company.

The benchmark FTSE 100 Index today was unchanged at
6,505.10. For the week, the index declined 2.6 percent, its
biggest weekly drop in three months. The FTSE All-Share Index
dropped 0.1 percent today to 3,364.66. Ireland's ISEQ Index lost
0.5 percent to 9,381.82.


Read more at Bloomberg Stocks News

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