Schwab's activity report could be the news moving us this am:
PR Newswire, Thursday, August 12, 1999 at 09:04
SAN FRANCISCO, Aug. 12 /PRNewswire/ -- The Charles Schwab Corporation
released its Monthly Market Activity Report today. Highlights include:
* Customer daily average revenue trades were 147.7 thousand in July 1999,
up 19% from June 1999 and up 44% from July 1998.
* Net new assets brought to Charles Schwab & Co., Inc. (Schwab) by new
and current customers in July 1999 totaled $8.9 billion.
* Customer assets at Schwab were $587.3 billion as of month-end July,
down less than 1% from June 1999 and up 37% from July 1998. In
comparison, the Schwab 1000 Index(R) was down 3% from June 1999 and up
18% from July 1998.
* Daily average trades through Schwab's Mutual Fund OneSource(R) service
were 42.2 thousand in July, up 16% from June 1999 and down less than 1%
from July 1998.
The Charles Schwab Corporation (NYSE:SCH), through its principal
operating subsidiary, Charles Schwab & Co., Inc. (member SIPC/NYSE), is one of
the nation's largest financial services firms, serving 6.2 million active
investor accounts with $587 billion in customer assets through 310 branches,
four regional customer telephone service centers and automated telephonic and
online channels. The Charles Schwab Web Site(TM) can be reached at
www.schwab.com.
BTY!
D. |
