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Investment Figures Of The Week


Investment Figures of the Week

Investment Figures of the Week

COMMENTARY

The bulls continue to stampede. The Dow Jones industrials logged 112 points

last week, with the average reaching a new high of 4727 on July 12. Investors

were celebrating the Federal Reserve's quarter-point reduction in short-term

interest rates and were looking toward the next cut. The reduction in U.S.

rates bolstered foreign markets as well. Long-depressed Japanese stocks rose

12%, and the ailing Mexican market jumped 9.3%. On top of that the Mexican peso

strengthened, bringing the five-day return for U.S. investors in the Bolsa to

12.2%.

MARKET ANALYSIS

% change

U.S. STOCKS Latest Week 52-week

DOW JONES INDUSTRIALS 4727.3 2.4 27.6

MIDSIZE COMPANIES (S&P MidCap Index) 205.2 3.3 21.6

SMALL COMPANIES (Russell 2000) 293.8 3.2 20.6

ALL COMPANIES (Russell 3000) 320.2 2.7 24.0

% change (local currency)

FOREIGN STOCKS Latest Week 52-week

LONDON (FINANCIAL TIMES 100) 3450.6 1.6 14.8

TOKYO (NIKKEI INDEX) 16,605.7 12.0 -19.2

TORONTO (TSE COMPOSITE) 4710.3 3.4 13.8

Week Year

FUNDAMENTALS Latest ago ago

90-DAY TREASURY BILL YIELD 5.53% 5.67% 4.50%

30-YEAR TREASURY BOND YIELD 6.55% 6.60% 7.67%

S&P 500 DIVIDEND YIELD 2.39% 2.44% 2.81%

S&P 500 PRICE/EARNINGS RATIO 17.2 16.9 19.9

Week

TECHNICAL INDICATORS Latest ago Reading

S&P 500 200-day moving average 490.1 487.7 Positive

Stocks above 200-day moving average 77.0% 73.0% Negative

Speculative sentiment: Put/call ratio 0.62 0.67r Neutral

Insider sentiment: Vickers sell/buy ratio 1.51 1.42 Positive

BLOOMBERG FINANCIAL MARKETS

INDUSTRY GROUPS

% change % change

1- 12- Strongest stock 1- 12-

ONE-MONTH LEADERS month month in group month month Price

1 METALS 22.5 18.3 INCO 33.2 31.9 33 5/8

2 TRUCKING 18.4 -4.8 CONSOLIDATED

FREIGHTWAYS 19.2 4.2 24 7/8

3 SEMICONDUCTORS 17.9 94.7 INTEL 22.2 133.0 68 7/8

4 ALUMINUM 17.8 34.4 ALCOA 20.1 37.2 53 3/4

4 STEEL 16.3 -3.0 NUCOR 23.3 -13.3 60 1/8

% change % change

1- 12- Weakest stock 1- 12-

ONE-MONTH LAGGARDS month month in group month month Price

1 HMOs -4.6 -11.3 U.S. HEALTHCARE -7.7 -16.6 31 3/8

2 OIL EXPLORATION

AND PRODUCTION -4.3 -6.8 ORYX ENERGY -5.4 -11.8 13 1/8

3 OIL WELL EQUIP- McDERMOTT

MENT AND SERVICES-2.6 0.5 INTERNATIONAL -9.1 -5.9 23 3/4

4 HOSPITAL

MANAGEMENT -1.6 6.7 TENET HEALTHCARE-13.4 -12.1 14 1/2

5 DOMESTIC OIL -0.8 5.0 SUN -10.4 4.2 27 7/8

MORNINGSTAR INC.

MUTUAL FUNDS

LEADERS LAGGARDS

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

1 WRIGHT EQUIFUND-MEXICO 22.6 PIONEER INDIA B -5.1

2 ALGER CAPITAL APPRECIATION 20.2 RYDEX URSA -4.4

3 RESERVE INFORMED INVESTORS EV MARATHON GREATER INDIA -4.2

GROWTH 20.2

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

1 SELIGMAN COMMUNICATIONS

& INFORM. A 110.6 AMERICAN HERITAGE -31.8

2 PERKINS OPPORTUNITY 87.8 STEADMAN OCEANOGRAPHIC

TECHNOLOGY -25.3

3 ALLIANCE TECHNOLOGY A 87.6 JAPAN -24.9

DRI/McGRAW-HILL

RELATIVE PORTFOLIOS

Dollar amounts represent the present value of $10,000 invested one year ago in

each portfolio

Percentages indicate five-day total returns

U.S. stocks Treasury bonds Foreign stocks Money market fund Gold

$12,714 $12,365 $11,371 $10,529 $9,960

+1.41% +1.03% +3.98% +0.14% -0.03%

All data on this page are as of market close Wednesday, July 12, 1995, unless

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

performance and share prices are as of market close July 11. Mutual fund

returns are as of July 7. Relative portfolios are valued as of July 11. A more

detailed explanation of this page is available on request. r=revised NA=Not

available


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