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European stocks up 4 LONDON
said data showing a bigger Published in Saudi Press Agency on 16 - 05 - 2005

than-expected 16 percent rise in Chinese industrial output in April boosted demand for the sector and helped lift prices for copper and other metals. Steel maker Arcelor rose 3.8 percent, diversified miner Anglo-American gained 2.9 percent, and copper miner Antofagasta
jumped 3.7 percent.
The chemical sector also rose, with BASF jumping 2.7 percent and Bayer up 2.6 percent. Traders cited technical factors and a JP Morgan upgrade on earnings estimates for Bayer.

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