Telebras (TBH) & Brazil Message Board

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Strategies & Market Trends : Telebras (TBH) & Brazil

TBH 0.945

-1.1%

3:59 PM EST

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To: jayray who wrote (6573)	8/12/1998 5:44:00 PM
From: Steve Fancy	Read Replies (1) of 22640

Brazil shrs end off 9th day on emerging mkt Reuters, Wednesday, August 12, 1998 at 17:34 In Russia, the blue-chip RTS1-Interfax share index ended down 1.56 percent at 108.19 in thin volume. Earlier, Brazilian equity traders were pinning their hopes on today's expiration of the Bovespa futures index to lift activity. But volume ended at a moderate 821.7 million reais ($702 million) on Wednesday. Among local blue-chips, Telebras preferred (SAO:TELB4) ended down 3.59 percent 110.20 reais, while Petrobras (SAO:PETR4) was off 2.77 percent at 193.49 reais and Vale do Rio Doce (SAO:VALE5) off 2.07 percent at 18.90 reais. Eletrobras (SAO:ELET6) plunged 10.2 percent to close at 27.21 reais. noriko.yamaguchi@reuters.com)) Copyright 1998, Reuters News Service Companies or Securities discussed in this article:

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