date=7/7/95
type=correspondent report
number=2-181615
title=East Euro Stocks (l only)
byline=Barry Wood
dateline=Prague
content=
voiced at:
Intro: Share trading in Eastern Europe this week was mixed with
Hungarian stocks higher, Polish shares lower, and Prague stable.
V-o-A's Barry Wood reports.
Text: The only Eastern European exchange to register significant
gains this week was Budapest. The Hungarian market was up about
one percent for the week with main index at 14-hundred-76.
The Polish exchange, which has been showing strength in recent
weeks, was down. The Warsaw market index closed Friday at
86-hundred-six, a one percentage point drop on the week.
In Prague the stock market was closed for two days of Czech
holidays and ended the week where it began. The Prague exchange
index is still very near its record low.
Stocks did decline to record lows in Bratislava with market index
losing four percent on the week to 165. The Slovak exchange has
been depressed for the past month, ever since prime minister
Vladimir Meciar called for an end to the country's Voucher
privatization program.
Finally, in Bulgaria stocks showed nearly a one percentage point
rise on the week. There are 13 shares in the Bulgarian stock
index and that closed at 65.
The stock market rally that occurred in Western Europe Friday
following the interest rate reduction in the United States had
little impact in the east. Traders however hope there will be a
positive impact next week. (Signed)
neb/bdw/jwh/cf
07-Jul-95 1:52 pm edt (1752 utc)
nnnn
source: Voice of America
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A tovabbterjesztest a New York-i szekhelyu Magyar Emberi Jogok
Alapitvany tamogatja.
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Reposting is supported by Hungarian Human Rights Foundation News
and Information Service.
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