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Strategies & Market Trends : Telebras (TBH) & Brazil
TBH 0.403-0.7%12:39 PM EST

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To: Steve Fancy who wrote (1374)3/31/1998 5:02:00 PM
From: Steve Fancy  Read Replies (1) of 22640
 
Eletropaulo spinoffs make Bovespa debut

SAO PAULO, March 31 (Reuters) - Eletropaulo's spinoffs made their debut on the Sao Paulo bolsa (Bovespa) Tuesday, with preferred stocks of the distributors Metropolitana (ELP_p.SA) and Bandeirante (EBN_p.SA) closing at 131.50 reais and 60 reais.
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''The first day was fine. Now we have to see how the stocks will perform ahead of the sale,'' said a power sector analyst.

biz.yahoo.com
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