European Stars And Stripes (Newspaper) - December 3, 1987, Darmstadt, Hesse Market rebounds from monday loss thursday decembers 1987 the stars and stripes Page 27 new York up the Stock mar Ket staged a modest Advance tuesday in moderately Active trading. The Dow Jones Industrial average which fell 76.93 monday Rose 8.79 to close Al 1842.34. Broad Market indexes also gained slightly. The new York Stock Exchange Index Rose 0.81 to 130.50. Standard & poor s Joo Stock Index Rose 1.70 to 232.00. The Price of an average share Rose is cents. Advances led declines 812-783 among the 1,957 issues crossing the nose tape. Big Board volume totalled 149,870,000 shares compared with 268,910,000 shares traded monday. In new York trading the Dollar Rose to 133.20 yen up from monday s 132. Against the West German Mark the Dol Lar Rase to 1.6545, up from 1.6380. Earlier in Europe the Dollar rebounded slightly amid reported intervention by the British and German Central Banks. In Frankfurt the Dollar Rose to 1.6536 Marks up from the previous close of 1.6350. The key is that we did t see a continuation of the so Jinp that we saw yesterday said Dennis Jarry to a technical analyst Al Kidder Peabody & co despite the Market s concern Over the weakened Dollar jarred maintained that the Market is in a world of its own. There is a negative psychology right now and from Day to Day there is not one Factor driving Stock prices. Jarrett agreed with Oiler analysts who believe the Market is relating the lows established on oct. 19, the Day the Dow Industrial average plunged sos Points. Thai ill of was preceded by a 1 of Point fall on oct. 16. The Market opened with the knowledge that he government s main gauge of future economic activity the Index of leading economic indicators fell 0.2 percent in october the first decline in nine months. The Slock Market s october plunge was cited As a key Factor for the decline. On the trading floor Duquesne Light was the most Active nose listed Issue up k to 11%. Tenas utilities followed on to 28 in sex dividend trading. A cab was third Down a to 17ft. Among Blue chips general electric sex dividend was unchanged Al 42, Amer ican express was off a to 22. Us was unchanged at 28i Merck sex dividend was off it to 69 to at to was unchanged Al 27, ism was up i to 1ii it and scars was ahead i to 32 it. Prices were lower in Active trading on the american Slock Exchange. The amex Market value Index fell 0.71 to 241.gs. Declines led advances 382-235 among the s72 issues traded. The Price of an average share fell 4 cents. Volume totalled 10,860,000 shares com pared with 15,940,000 monday. Echo Bay mines led the amex actives up it to 24 it. The National association of securities dealers Index of Over the counter stocks Rose 0,08 to close Al 305.24. Non to Ioco fun at to co ism chid be neral Etc in cup Ndon up tuesday s cd ran for the . Dollar to other c Are expressed in doa re to the Blu Pound and other cies in is is try no of dbl tour Al k49i Zawis ounce. Dior 11new St Dell Echo aim the 10 Inovel Active san cats it con Osua to Kinq tuesday. Elul Lul a Loq. Up h 4 x up k 10 h a Fratich franc. Outer 9
