Sunday, 15 July 2007

Asian Stocks Rise to a Record; Hyundai Motor, Woodside Petroleum Advance

(Bloomberg) -- Asian stocks rose for a third day,
driving a regional benchmark to a record. Hyundai Motor Co. led
South Korean automakers higher after Meritz Securities Co.
lifted its price estimate for the stock, citing earnings.

Woodside Petroleum Ltd., Australia's second-largest oil and
gas producer, climbed as crude futures contracts traded near an
11-month high. Samsung Electronics Co. slid after prices of
computer memory chips fell by the most in two weeks.


Read more at Bloomberg Stocks News

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