Businessweek Archives

Investment Figures Of The Week


Investment Figures of the Week

Investment Figures of the Week

COMMENTARYIt's earnings season, and some surprisingly good results from companies such asWalt Disney and American Express changed the tenor of the stock market in ahurry. Instead of fretting what damage the Asian contraction will do tocorporate profits, investors started to think profits might be in better shapethan they had expected. The Dow industrials piled on 102 points on Jan. 27 andfollowed up with 100 points on Jan. 28. Technology stocks surged, energized byCompaq Computer's bold plan to acquire Digital Equipment.

% change

U.S. MARKETS Latest Week Year

Dow Jones Industrials 7915.5 1.6 17.4

NASDAQ Combined Composite 1610.8 1.4 18.9

S&P MidCap 400 325.2 0.2 24.6

S&P SmallCap 600 177.0 -0.4 21.0

S&P SuperComposite 1500 209.4 0.6 26.1

% change

SECTORS Latest Week Year

Bloomberg Information Age 308.2 2.2 26.3

S&P Financials 114.8 0.5 33.1

S&P Utilities 226.8 -0.7 13.9

PSE Technology 298.8 1.8 14.2

% change

FOREIGN MARKETS Latest Week Year

London (FT-SE 100) 5372.6 1.9 27.7

Frankfurt (DAX) 4391.0 2.5 46.4

Tokyo (NIKKEI 225) 16,973.8 1.7 -7.4

Hong Kong (Hang Seng) 9252.4 0.1 -30.4

Toronto (TSE 300) 6731.1 3.6 10.9

Mexico City (IPC) 4546.3 -1.5 25.2

Week Year

FUNDAMENTALS Latest ago ago

S&P 500 Dividend Yield 1.59 % 1.57 % 1.89 %

S&P 500 P/E Ratio (Last 12 mos.) 24.1 24.3 20.2

S&P 500 P/E Ratio (Next 12 mos.)* 19.2 19.3 16.3

First Call Earnings Surprise* 2.56 % 1.62 % 2.11 %

Week

TECHNICAL INDICATORS Latest ago Reading

S&P 500 200-day average 914.3 908.0 Positive

Stocks above 200-day average 59.0 % 63.0 % Neutral

Options: Put/call ratio 0.57 0.52 Negative

Insiders: Vickers Sell/buy ratio 1.58 1.76 Positive

BEST-PERFORMING Last Last 12

GROUPS month% months%

Defense Electronics 21.8 Specialty Appar. Retailers 82.7

Computer Software 15.4 Airlines 67.3

Semiconductors 14.0 Manufactured Housing 62.5

Drug Chains 13.6 Drug Chains 61.7

Specialty Appar. Retailers 13.4 Broadcasting 58.0

WORST-PERFORMING Last Last 12

GROUPS month% months%

Oil & Gas Drilling -10.4 Engineering & Constr. -43.5

Pollution Control -7.8 Shoes -36.4

Health-Care Services -6.5 Metals -35.2

Tobacco -5.8 Gold Mining -28.4

Invest. Banking/Brkrge. -4.7 Photography/Imaging -23.1

BLOOMBERG MONEY FLOW ANALYSIS

Rebound ahead? Stocks with most 1-month

significant buying on price weakness Price change

Citicorp 117 5/8 -8 1/4

Telebras-ADR 107 1/2 -7

Wells Fargo 295 7/16 -32 13/16

Chase Manhattan 105 1/4 -3 7/16

IBM 96 1/2 -6 1/4

Coca-Cola 63 1/4 -3 1/16

Decline ahead? Stocks with most 1-month

significant selling on price strength Price change

Intel 79 3/16 8 3/8

Cisco Systems 59 1/4 3 1/4

Microsoft 145 3/16 18 7/8

Applied Materials 30 13/16 1 1/4

WorldCom 33 11/16 2 1/2

Qualcomm 52 1/2 1 1/2

Latest Week Year

KEY RATES week% ago% ago%

MONEY MARKET FUNDS 5.19 5.21 4.95

90-DAY TREASURY BILLS 5.21 5.13 5.18

6-MONTH BANK CDS 5.12 5.14 5.03

1-YEAR TREASURY BILLS 5.31 5.22 5.61

10-YEAR TREASURY NOTES 5.69 5.54 6.63

30-YEAR TREASURY BONDS 5.94 5.81 6.90

LONG-TERM AA INDUSTRIALS 6.60 6.44 7.39

LONG-TERM BBB INDUSTRIALS 7.01 6.83 7.82

LONG-TERM AA TELEPHONES 6.96 6.77 7.61

BLOOMBERG MUNI YIELD EQUIVALENTS

Taxable equivalent yields on AAA-rated, tax-exempt municipal bonds,

assuming a 31% federal tax rate.

10-yr. bond 30-yr. bond

Latest Last Latest Last

week week week week

GENERAL OBLIGATIONS 4.37% 4.26% 4.95% 4.84%

PERCENT OF TREASURIES 76.84 76.96 83.35 83.31

TAXABLE EQUIVALENT 6.33 6.17 7.17 7.01

INSURED REVENUE BONDS 4.49 4.38 5.17 5.05

PERCENT OF TREASURIES 78.95 79.13 87.06 86.93

TAXABLE EQUIVALENT 6.51 6.35 7.49 7.32

EQUITY FUNDS

Leaders Laggards

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

DFA Japanese Small Co. 33.5 Guinness Flgt. Asia Sm. Cap -23.5

Matthews Korea 31.3 U.S. Global Inv. China Reg. -22.0

Japan 13.1 Colonial Newport Gr. China A -21.6

Barr Rosenberg Japan Instl. 11.9 Montgomery Emerg. Asia R -20.8

GMO Japan III 11.6 Lex. Crosby Sm. Cap Asia -19.1

Leaders Laggards

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

Smith Barney Telecom. Inc. 53.0 Bull & Bear Gold Investors -58.9

FBR Small Cap Financial 50.8 Midas -56.7

Pilgrim Amer. Bank & Thr. A 50.3 Merrill Emerging Tigers C -56.5

Gabelli Value 47.6 Morgan Stan. Instl. Gold A -56.2

Evergreen U.S. Real Est. Eq. Y 47.6 Lex. Crosby Sm. Cap Asia -55.2

EQUITY FUND CATEGORIES

Leaders Laggards

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

Japan 9.4 Pacific/Asia ex-Japan -11.7

Precious Metals 3.5 Latin America -10.6

Europe 1.8 Diversified Emerging Mkts. -8.3

Communications 1.8 Natural Resources -4.2

Foreign 1.8 Financial -3.8

Leaders Laggards

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

Financial 35.5 Pacific/Asia ex-Japan -43.4

Communications 27.1 Precious Metals -38.5

Large-cap Blend 24.0 Diversified Pacific/Asia -26.9

Utilities 23.1 Diversified Emerging Mkts. -18.4

Large-cap Value 22.3 Natural Resources -5.6

All data are as of market close Wednesday, Jan. 28, 1998, unless otherwise

indicated. Industry groups include S&P 500 companies only. Fundamentals,

technical indicators, Bloomberg money flow analysis, and mutual fund returns

are as of Jan. 27. For a more detailed explanation, write to us or E-mail

figures@businessweek.com. NA=Not available **Vanguard Index 500 Fund

Return to top


Monsanto vs. GMO Haters
LIMITED-TIME OFFER SUBSCRIBE NOW

(enter your email)
(enter up to 5 email addresses, separated by commas)

Max 250 characters

 
blog comments powered by Disqus