Telebras (TBH) & Brazil Message Board

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Strategies & Market Trends : Telebras (TBH) & Brazil

TBH 1.070

+8.1%

3:59 PM EST

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To: md1derful who wrote (7492)	9/4/1998 1:27:00 PM
From: Steve Fancy	Read Replies (1) of 22640

Brazil's Bovespa Aug Avg Daily Volume -14% From July Dow Jones Newswires SAO PAULO -- Total trading volume on Brazil's Sao Paulo Stock Exchange, known as the Bovespa, was $11.3 billion in August for a daily average of $537 million, or 14% less than the July average, the exchange said Friday. The total traded on the Bovespa in August was 26% lower than in August 1997, according to a written statement. The Bovespa didn't provide comparative figures for the previous month or for the same month of last year. In August, the Bovespa accounted for 91% of total share trading in Brazil Cash trading accounted for 93% of the Bovespa volume, followed by options trading with 6.2%. The Bovespa Index dropped 39.5% in August after rising 10.6% in July.

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