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Investment Figures Of The Week


Investment Figures of the Week

Investment Figures of the Week

COMMENTARY

A desultory week in the financial market. U.S. stock averages declined

slightly, with the biggest movement taking place on Apr. 20. Large and small

stocks fell, led by declines in bank and airline shares. Bond prices also were

on the wane, as the dollar fell to a low against the yen. But despite the

slaughter among airlines, that group remains among the top-performing groups

over the past four weeks. The share-price decline continued on Apr. 21. But

technical indicators were mainly neutral or positive.

Market Analysis

% change

U.S. STOCKS Latest Week 52-week

DOW JONES INDUSTRIALS 3439.4 -0.5 3.0

MIDSIZE COMPANIES (S&P MidCap Index) 160.7 -1.0 14.2

SMALL COMPANIES (Russell 2000) 223.4 -0.8 14.5

ALL COMPANIES (Russell 3000) 253.5 -1.2 10.0

Foreign Stocks

%change (local currency)

Latest Week 52-week

LONDON (FINANCIAL TIMES 100) 2869.6 1.0 10.0

TOKYO (NIKKEI INDEX) 19,773.0 -3.7 17.4

TORONTO (TSE COMPOSITE) 3663.8 0.9 8.8

Fundamentals

Latest Week ago Year ago

90-DAY TREASURY BILL YIELD 2.86% 2.88% 3.78%

30-YEAR TREASURY BOND YIELD 6.74% 6.76% 8.04%

S&P 500 DIVIDEND YIELD 2.80% 2.78% 3.10%

S&P 500 PRICE/EARNINGS RATIO 23.1 22.2 25.1

Technical Indicators

Latest Week ago Year ago

S&P 500 26-week moving average 437.3 436.0 Positive

Stocks above 26-week moving average 62.9% 65.8% Neutral

Speculative sentiment: Put/call ratio 0.47 0.43 Positive

Insider sentiment:

Vickers sell/buy ratio 2.90 2.63 Negative

Bridge Information Systems Inc.

Industry Groups

% change (local currency)

FOREIGN STOCKS Latest Week 52-week

TECHNICAL INDICATORS Latest Week ago Reading

Industry Groups

% change % change

FOUR-WEEK LEADERS 4-week 52-week Strong-

est stock in group 4-week 52-week Price

MACHINE TOOLS 23.6 47.4 CINCINNATI MILACRON 28.1 46.4 25 5/8

AIRLINES 12.9 0.8 USAIR GROUP 34.8 64.0 22 3/4

OIL WELL EQUIPMENT

AND SERVICES 10.2 20.8 BAKER HUGHES 16.3 42.7 26 3/4

HEALTH CARE

SERVICES 9.1 -21.6 AMGEN 17.1 -28.1 41

DIVERSIFIED HEALTH

CARE 8.3 -14.2 WARNER-LAMBERT 10.2 17.2 74

% change % change

FOUR-WEEK LAGGARDS 4-week 52-week Weak-

est stock in group 4-week 52-week Price

TOBACCO -18.5 -34.6 PHILIP MORRIS -22.3 -37.0 49 1/8

MANUFACTURED

HOUSING -15.8 -3.7 FLEETWOOD ENTERPRISES-19.1 -6.6 18 1/2

GENERAL MERCHANDISE

CHAINS -14.9 0.3 WAL-MART STORES -20.1 -3.2 26 3/8

METALS -14.5 -11.1 PHELPS DODGE -18.9 -0.7 43

COMMUNICATIONS

EQUIPMENT -14.3 -12.9 ANDREW -24.7 73.9 22 1/2

MORNINGSTAR INC.

Mutual Funds

Leaders Laggards

Four-week total return % Four-week total return %

DFA JAPANESE SMALL COMPANY 20.4 MORGAN STANLEY EMERGING GROWTH -7.9

APSTONE NIKKO JAPAN 19.6 PAPP AMERICA-ABROAD -7.4

JAPAN 15.2 PROGRESSIVE AGGRESSIVE GROWTH -7.2

52-week total return % 52-week total return %

METLIFE-STATE STREET GLOBAL

ENERGY 60.8 PROGRESSIVE AGGRESSIVE GROWTH -35.5

FIDELITY SELECT HOME

FINANCE 54.5 FIDELITY SELECT MEDICAL DELIVERY-26.8

FIDELITY SELECT FINANCIAL

SERVICES 50.4 FINANCIAL STRATEGIC HEALTH SCIENCES-26.0

DATA RESOURCES INC.

Relative Portfolios

Foreign stocks

$12,468

-1.29%

Treasury bonds

$12,217

+0.48%

U.S. stocks

$11,094

-0.92%

Money market fund

$10,251

+0.05%

Gold

$10,092

+0.95%

Dollar amounts

represent the present value of $10,000

invested one year ago in each portfolio

Percentages indicate

five-day total returns

All data on this page are as of market close Wednesday, Apr. 21, 1993, unless

otherwise indicated. Industry groups include S&P 500 companies only;

performance and share prices are as of market close Apr. 20. Mutual fund

returns are as of Apr. 16. Relative portfolios are valued as of Apr. 20. A more

detailed explanation of this page is available on request.


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