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Table: Growth Picks On Three Continents


Cover Story: WHERE TO INVEST: GLOBAL STOCK MARKETS

TABLE: Growth Picks On Three Continents

EUROPE

ELF French oil producer is finally

AQUITAINE cutting costs $40*

ICI British chemical maker is beating

rivals who price in German marks 50*

S-E BANKEN With a cleaned-up balance sheet,

Swedish bank offers good value 5

MANNESMANN German engineering company

could benefit from stronger dollar 303*

ASIA

FRASER & Singapore's fast-growth

NEAVE food and beverage company 13

GIORDANO The Gap of Asia, Hong Kong-based

HOLDINGS and growing fast 5

HUTCHISON Infrastructure, trade--and an

WHAMPOA inside track to China 25*

UEM Malaysian construction

conglomerate riding building boom 7

LATIN AMERICA

PEREZ Argentina's well-run energy

COMPANC conglomerate 4

VALE DO Giant Brazilian iron ore exporter is

RIO DOCE due to be privatized in 1996 0.18

GRUPO ALFA Steel and petrochemical exporter

tops many Mexico buy lists 5

BACKUS & Peruvian brewer expects 10%

JOHNSTON volume growth in 1995 2

Prices as of June 6 *ADRs

DATA: BUSINESS WEEK SURVEY OF ANALYSTS AND FUND MANAGERS


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