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Politics : Formerly About Applied Materials

AMAT 304.84

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To: Paul V. who wrote (62371)	3/27/2002 3:54:13 AM
From: StanX Long	Read Replies (1) of 70976

Asian Exporters May Lead Global Stocks Rally as Quarter Ends By Dominic G. Diongson 03/27 00:00 quote.bloomberg.com Tokyo, March 27 (Bloomberg) -- Japan's Nikkei 225 stock average posted the largest gains this quarter among the world's leading stock-market indexes. Some investors said they were increasing holdings in Asian manufacturers, seeking companies that stand to benefit first from a global economic rebound. The Nikkei gained 7.7 percent. Seven of the world's 20 leading advancing stocks with a market value of at least $10 billion were Asian firms that rely on U.S. sales. Chip-equipment maker Tokyo Electron Ltd., industrial robot maker Fanuc Ltd., tire maker Bridgestone Corp., Samsung Electronics Co. and Toshiba Corp. all rose more than 25 percent. ``If the U.S. is going to lead the world out of recession by manufacturing, then Asia is going to recover better than other areas because that's what leads the region,'' said David Roche, the London-based president of Independent Strategy Ltd. Roche, who recently bought Canon Inc. and Honda Motor Co., declined to say how much money he manages.

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