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Investment Figures Of The Week


Investment Figures of the Week

Investment Figures of the Week

COMMENTARYA spectacular start for the fourth quarter: The Dow Jones industrials closedabove the 5900 mark on Oct. 1 and Oct. 2. It's up 16% so far this year. Thebroader Standard & Poor's 500-stock index also reached record levels. The stockmarket is getting its strength from investor optimism about corporate earnings,a modest drop in long-term interest rates, and heavy inflows into equity mutualfunds. Secondary stocks also turned in strong performances, but have not yetbroken records set in the spring.MARKET ANALYSIS

% change

U.S. STOCKS Latest Week 52-week

DOW JONES INDUSTRIALS 5934.0 1.0 25.2

MIDSIZE COMPANIES (S&P MidCap Index) 243.3 1.1 16.1

SMALL COMPANIES (Russell 2000) 348.2 1.3 15.7

ALL COMPANIES (Russell 3000) 395.2 1.3 18.7

FUNDAMENTALS Latest Week Ago Year Ago

90-DAY TREASURY BILL YIELD 5.02% 5.04% 5.45%

30-YEAR TREASURY BOND YIELD 6.83% 6.92% 6.43%

S&P 500 DIVIDEND YIELD 2.09% 2.11% 2.34%

S&P 500 PRICE/EARNINGS RATIO 19.9 19.7 16.8

% change (local currency)

FOREIGN STOCKS Latest Week 52-week

LONDON (Financial Times 100) 4015.1 2.0 13.3

TOKYO (Nikkei Index) 21,498.6 0.7 18.5

TORONTO (TSE Composite) 5388.0 1.2 19.9

TECHNICAL INDICATORS Latest Week ago Reading

S&P 500 200-day moving average 650.7 648.9 Positive

Stocks above 200-day moving average 59.0% 57.0%r Neutral

Speculative sentiment: Put/call ratio 0.53 0.51r Negative

Insider sentiment: Vickers sell/buy ratio 1.52 1.27 Positive

DATA: BLOOMBERG FINANCIAL MARKETS

INDUSTRY GROUPS

% change % change

1- 12- Strongest stock 1- 12-

ONE-MONTH LEADERS month month in group month month Price

1.OIL AND GAS 17.8 101.6 ROWAN 22.8 151.7 18 7/8

DRILLING

2.MEDICAL PRODUCTS

AND SUPPLIES 15.2 19.7 BOSTON SCIENTIFIC 24.8 31.6 57 1/4

3.SEMICONDUCTORS 12.4 -7.5 MICRON TECHNOLOGY 28.0 -63.3 29 1/8

4.DRUG CHAINS 11.9 28.9 RITE AID 14.1 29.9 36 3/8

5.MANUFACTURED FLEETWOOD

HOUSING 11.7 56.0 ENTERPRISES 11.7 56.0 31

% change % change

1- 12- Weakest stock 1- 12-

ONE-MONTH LAGGARDS month month in group month month Price

1.SPECIALTY APPAREL -8.5 37.9 GAP -18.6 58.3 28 1/2

RETAILERS

2.GOLD MINING -5.8 -3.4 ECHO BAY MINES -10.7 -18.4 8 7/8

3.DEFENSE

ELECTRONICS -5.3 34.1 EG&G -5.3 -9.0 17 3/4

4.BROADCASTING -5.1 -19.8 US WEST MEDIA -7.6 NA 16 3/4

GROUP

5.ENGINEERING AND

CONSTRUCTION -5.0 6.5 FLUOR -7.0 6.3 59 1/2

MUTUAL FUNDS

LEADERS LAGGARDS

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

1.ROBERTSON STEPHENS

INFORMATION AGE 18.6 PIONEER INDIA B -10.3

2.MERRILL LYNCH

TECHNOLOGY B 16.8 CAPPIELLO-RUSHMORE GOLD -8.8

3.PIMCo ADVISORS

INNOVATION A 14.9 EV MARATHON GREATER INDIA -8.1

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

1.LANDMARK SMALL CAP

EQUITY A 72.4 STEADMAN TECHNOLOGY GROWTH -44.9

2.GT GLOBAL CONSUMER

PRODS. & SVCS. 54.5 MATTHEWS KOREA -24.5

3.IDS PRECIOUS

METALS A 53.0 UNITED SERVICES GOLD SHARES -23.9

MORNINGSTAR INC.

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 Foreign stocks Money market fund Gold Treasury bonds

$12,118 $11,434 $10,519 $10,195 $9,728

+0.51% +1.54% +0.11% +1.58% -1.10%

DRI/McGRAW-HILL

All data on this page are as of market close Wednesday, Oct. 2, 1996, unless

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

performance and share prices are as of market close Oct. 1. Mutual fund returns

are as of Sept. 27. Relative portfolios are valued as of Oct. 1. A more

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

available

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