Hollosi Information eXchange /HIX/
HIX MOZAIK 659
Copyright (C) HIX
1996-01-14
Új cikk beküldése (a cikk tartalma az író felelőssége)
Megrendelés Lemondás
1 VoA - Kelet-Europai tozsdek (mind)  53 sor     (cikkei)

+ - VoA - Kelet-Europai tozsdek (mind) VÁLASZ  Feladó: (cikkei)

Elnezest az esetleges kisbetukert, de az eredeti szoveg csupa
nagybetuvel volt irva, amit at kellett cserelnem.

Buchwald Amy

*****************************************************************

date=1/12/96
type=correspondent report
number=2-191147
title=e Euro Stocks (l only)
byline=Barry Wood
dateline=Prague
content=
voiced at:

Intro:   Stock trading has resumed in post-communist Eastern
Europe after the Christmas and New Year's break.  V-o-A's Barry
Wood reports the Warsaw and Budapest markets got off to
impressive starts.

Text:   There was optimism Friday in both Budapest and Warsaw.
Stocks prices jumped significantly this week in Hungary as the
B-U-X index gained 29 points on Friday.  Volume was at its
second-highest level ever.  Analysts say investors are cheered by
the International Monetary Fund's declaration that Hungary's
currency is now convertible.  There are also positive signs about
privatization and increasing hard currency reserves.  During 1995
Hungarian stocks were up nearly 15 percent -- the best
performance of the big three East European exchanges.

In Warsaw the stock market gained five percent this week.  The
W-I-G index closed at just under eight thousand.  For 1995 the
Warsaw market was up nine percent.  The market was anticipating a
cut in official interest rates Friday, a move that was announced
after the markets closed.

The Prague stock exchange is at the end of its three week
Christmas break.  Trading resumes on Monday.  The Prague market
has the biggest capitalization in the region and has been
attracted strong foreign interest.  Stratton Investments of the
Bahamas and Bankers Trust of New York have recently invested over
200 million dollars in Czech stocks.  But for 1995 as a whole the
Prague market performed badly, down 24 percent from its level of
December 1994.   (Signed)

neb/bdw/mh/art

12-Jan-96 9:28 am est (1428 utc)
nnnn

source: Voice of America


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