Thursday, 28 June 2007

FTSE 100 Index Increases, Paced by BHP, British Land; Sainsbury Climbs

(Bloomberg) -- U.K. stocks advanced, led by BHP
Billiton Ltd. and Royal Dutch Shell Plc as base metal and oil
prices climbed.

British Land Co. and Hammerson Plc paced a rally in property
shares as U.K. house prices rose at the fastest pace this year,
according to Nationwide Building Society, the biggest U.K.
mortgage lender. J Sainsbury Plc gained on a Reuters report that
Robert Tchenguiz has doubled his stake in the supermarket chain.


Read more at Bloomberg Stocks News

No comments: