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To: Dealer who wrote (28745)8/13/2000 10:06:18 PM
From: Dealer  Read Replies (1) | Respond to of 35685
 
Hong Kong stocks seen opening up on Wall-Street

Sunday August 13, 9:40 pm Eastern Time

The Dow Jones industrial average (^DJI - news) ended up 119.04 points or 1.09 percent at 11,027.80 on Friday, its highest close since April 25, as investors swapped volatile technology shares for more dependable blue-chip stocks.

The Nasdaq Composite Index (^IXIC - news) rose 29.48 points or 0.78 percent to 3,789.47.

Andrew To, director of research at Tai Fook Securities said the Hang Seng could start trade 100-200 points higher but he expected the gains to be brief, citing the market's recent light daily turnover of under HK$10 billion.

He added that the release of the U.S. consumer price index (CPI) data on Wednesday may dampen market activity in the first half of the week as investors waited for further clues on interest rate adjustments due on August 22, when the rate-setting Federal Reserve Open Market Committee next meets.

Analysts said the market is also expected to keep an eye out for a string of earnings announcements, especially from a number of Growth Enterprise Market (GEM) listed companies.

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and News: DJ INDU AVERAGE (Dow Jones & Company Inc) (^DJI - news)
HANG SENG INDEX (HSI Services Ltd) (^HSI - news)
NAS/NMS COMPSITE (NASDAQ Stock Exchange) (^IXIC - news)



To: Dealer who wrote (28745)8/13/2000 10:14:15 PM
From: cowgirl-ona-1eyed-horse  Read Replies (1) | Respond to of 35685
 
Dealer,

Can we have some gravy with that?

cowgirl