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Strategies & Market Trends : Telebras (TBH) & Brazil
TBH 0.437-3.3%11:46 AM EST

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To: Steve Fancy who wrote (1781)4/20/1998 2:03:00 PM
From: Steve Fancy  Read Replies (1) of 22640
 
Brazil shares seen trendless on option settlement

SAO PAULO, April 20 (Reuters) - Brazilian stocks were seen mixed Monday as today's scheduled options expiry should leave the market trendless, brokers said.
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Analysts said the death of Communications Minister Sergio Motta was likely to have little impact on the bolsa after the government's clear message that the privatization of its massive telecommunications sector would proceed.
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Although Motta's death was expected to hardly have any impact Monday on the bolsa, traders appeared more concerned about the longer-term political effects of his passing on the country's political agenda.
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biz.yahoo.com
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