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Strategies & Market Trends : Telebras (TBH) & Brazil
TBH 0.429+3.1%Jan 30 9:30 AM EST

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To: mark g who wrote (6279)8/4/1998 9:07:00 AM
From: Oracle   of 22640
 
SAO PAULO, Aug 4 (Reuters) - Brazilian shares were seen recovering from two straight days of declines at Tuesday's open, supported by a brighter outlook on Wall Street, local brokers said.
''Concerns about Japan and the yen still linger, but I think Brazilian shares will keep in line with the Dow Jones' performance today,'' said one broker at Indusval brokerage. Shares in New York were poised for a relief rally on Tuesday morning after the yen firmed against the dollar overnight.
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