Thursday, July 19, 2007

Australia's S&P/ASX Rises to Record High, Led by BHP, Woodside, Newcrest

(Bloomberg) -- Australian stocks rose, pushing the
S&P/ASX 200 Index to a record. BHP Billiton Ltd. and Woodside
Petroleum Ltd. led gains as metals prices rose the most in almost
six weeks and oil traded at its highest in more than 11 months.

The S&P/ASX 200 added 31.30, or 0.5 percent, to 6415.50 as at
10:26 a.m. in Sydney. About two stocks rose for every one that
dropped. A sub-index of materials stocks jumped 1.1 percent, the
best performer among the index's 10 groups.


Read more at Bloomberg Stocks News

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