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Technology Stocks : Ascend Communications (ASND) -- Ignore unavailable to you. Want to Upgrade?

To: username who wrote (28935)	12/30/1997 6:20:00 PM
From: Glenn D. Rudolph	Respond to of 61433

*GLANCE - World stock markets at 2130 GMT* Reuters Story - December 30, 1997 17:24 %&64 %GLANCE %US %STX %LATAM %EMRG %LDC %GLANCE/STX .MXX 0#.INDEX EQUITY V%REUTER P%RTR To access stories and prices on the Reuters terminal, use the mouse to click on the codes in brackets. Or type codes and press F9 key for [] items or ENTER for <> items. ---------------------- U.S. STOCKS ----------------------------- U.S. stocks ended sharply higher on Tuesday as investors extended their year-end buying spree. With concern over South Korea's financial crisis easing, market players swooped in to buy stocks that had stumbled earlier in the month, including technology and financial shares. The Dow finished up unofficially 123.56 points, or 1.59 percent, at 7915.97. ----------------U.S. FINANCIAL MARKETS-------------------------- The dollar tiptoed higher against the yen but slipped against the mark in thinned, year-end dealings described as being largely devoid of key fundamental news, traders said. "On December 30, one really cannot offer any fundamental explanation for any move," said Christer Stefansson, a trader at Swedbank, adding that trading volume was limited. ----------------------- MEXICO --------------------------------- Mexican stocks posted sharp gains for the fourth day in a row on Tuesday, rising in tandem with Wall Street and boosted by foreign investors dressing up their portfolios before the year-end, dealers said said. "(Mutual) funds closed their books today, so it was best for the market to close up, driven by buying," Jorge Gonzalez, an analyst with the Valmex brokerage, told Reuters. The leading-share IPC index finished 85.83 points higher, or 1.68 percent, at 5206.44. ----------------------- CANADA --------------------------------- Toronto stocks gained for a second day as confidence continued to grow that the Asian crisis had been brought under control. Toronto Stock Exchange's key 300 Composite Index gained 41.25 points, or 0.6 percent, in light trading of 58.1 million shares worth $906.2 million. ----------------------- LONDON --------------------------------- UK's FTSE 100 ended up four percent on Tuesday but an absence of genuine investor interest saw it drift off its day's high, dealers said. The FTSE 100 closed up 19.9 points at 5,132.3, having reached 5,144.8 in mid-afternoon trade, but volume was a lowly 344 million shares. ---------------------- FRANKFURT ------------------------------- German shares drifted one percent lower on Tuesday, the final trading day of 1997, hit by modest profit taking as some investors sought to lock in gains after a year which saw the DAX index climb 47 percent. The Xetra DAX index, which reflects all-day computer trade, ended an abbreviated trading session 41.72 points lower at 4,224.30 -- a dramatic increase from the DAX's end-1996 level of 2,880.07 but still short of the record high of 4,477.70 set on July 31. ------------------------ TOKYO --------------------------------- Tokyo stocks swept higher in thin pre-holiday trade on Tuesday, as sentiment was brightened by a surge in Wall Street stocks overnight, brokers said. Tuesday was the last trading day for 1997, and was a half-day session. The market will reopen on January 5. -----------------------ADR REPORT------------------------------- South Korean ADRs were trading lower in quiet trading a day after the global banking community agreed to help the troubled country with its short-term debt, dealers said Tuesday. "They're trading lower than the day before," said one of them. "The local market is closed until next week so we really don't know how it's going to react to the news. ---------------------------------------------------------------- GLANCE - Equities news.....[GLANCE/E] To access news in English only, add -LEN to your search ----------------- EUROPEAN STOCK MARKET REPORTS ---------------- Amsterdam....[.AS] Istanbul.......[.IS] Riga........[.RG] Athens.......[.AT] Lisbon.........[.LI] Skopje......[.FB] Bratislava...[.BV] Ljubljana......[.LJ] Sofia.......[.SO] Brussels.....[.BR] London..........[.L] Stockholm...[.ST] Bucharest....[.BC] Madrid.........[.MA] Tallinn.....[.TI] Budapest.....[.BU] Milan..........[.MI] Vienna......[.VI] Copenhagen...[.CO] Moscow.........[.ME] Vilnius.....[.VL] Dublin.......[.DB] Oslo...........[.OL] Warsaw......[.WA] Frankfurt.....[.F] Paris..........[.PA] Zagreb......[.ZA] Helsinki.....[.HE] Prague.........[.CZ] Zurich.......[.Z] London GDR report...[GB/GDR] ----------------- AMERICAS STOCK MARKET REPORTS ---------------- AMEX....[.A] Bogota......[.BG] NASDAQ..[.O] Buenos Aires[.BA] New York...............[.N] Caracas.....[.CR] Toronto...............[.TO] Lima........[.LM] U.S. Stocks in London..............[.L/US] Mexico City.[.MX] U.S. Stocks Options...............[.N/OPT] Santiago....[.SN] Wall Street Daily Outlook...........[.N/O] Sao Paulo...[.SA] Foreign stocks in the U.S...........[ADR/] ----------------- ASIAN STOCK MARKET REPORTS ------------------- Bangkok......[.BK] Karachi........[.KA] Singapore...[.SI] Bombay.......[.BO] Kuala Lumpur...[.KL] Sydney......[.AX] China........[.SZ] Manila.........[.MN] Taipei......[.TW] Colombo......[.CM] New Delhi......[.DE] Tokyo........[.T] Hong Kong....[.HK] Seoul..........[.SE] Wellington..[.NZ] Jakarta......[.JK] ----------------- MIDEAST STOCK MARKET REPORTS ----------------- Amman........[.AM] Doha...........[.QA] Saudi Arabia[.RV] Bahrain......[.BH] Kuwait ........[.KU] Tunis.......[.TN] Beirut.......[.BL] Nicosia........[.CY] UAE.........[.AE] Cairo........[.CA] Oman...........[.OM] Valletta....[.MT] Casablanca...[.CS] ----------------- AFRICAN STOCK MARKET REPORTS ----------------- Abidjan......[.CI] Harare.........[.ZI] Nairobi.....[.NA] Accra........[.AC] Johannesburg....[.J] Port Louis..[.PL] Gaborone.....[.BT] Lagos..........[.LG] Windhoek....[.NM] -----------------------------GUIDES----------------------------- World Indices .. Equities news glance.....[GLANCE/E] Equities news.........[E/] Indices and Sectors ....... ----------------------------------------------------------------