Tuesday, June 26, 2007

Australia's S&P/ASX 200 Drops for Fifth Day, Led by BHP, Woodside, Paladin

(Bloomberg) -- Australia's S&P/ASX 200 Index fell for
a fifth day, its longest losing streak since March. BHP Billiton
Ltd. and Woodside Petroleum Ltd. led resources shares lower after
prices of commodities including copper, zinc and oil dropped.

Uranium producers Energy Resources of Australia Ltd. and
Paladin Resources Ltd. declined on concern prices of the nuclear
fuel may have peaked.


Read more at Bloomberg Stocks News

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