Thursday, July 5, 2007

Asian Equities Advance to a Record, Led by Samsung; China's Shares Tumble

(Bloomberg) -- Asian stocks climbed for a sixth day,
buoyed by rising prices of computer chips and metals. China's CSI
300 Index tumbled on concern new share sales will drain as much as
$40 billion from the market.

Samsung Electronics Co., the world's biggest computer memory
maker, jumped after Citigroup Inc. said it expected some chip
prices to rise. BHP Billiton Ltd. advanced after prices of copper
and lead rose.


Read more at Bloomberg Stocks News

No comments: