AFI stock index moves into positive territory

The Asset Finance International Stock Index reversed last month's weak performance and moved higher for the monthly period ended January 15. The basket of companies rose 444.90 points, or 5.44%, to close the period at 8626.97. Breadth was positive as advancing issues outpaced declining issues b...

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Bibliographic Details
Published in:Asset Finance International 1998-02 (247), p.38
Format: Magazinearticle
Language:English
Subjects:
Financial services
International
Manycompanies
Statistical data
Stock indexing
Stock prices
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Summary:The Asset Finance International Stock Index reversed last month's weak performance and moved higher for the monthly period ended January 15. The basket of companies rose 444.90 points, or 5.44%, to close the period at 8626.97. Breadth was positive as advancing issues outpaced declining issues by a 15-to-10 count. Shares in Societe Generale move south as fears of the company's Asian exposure continued to affect investors. Shares of Mediq moved higher after the company announced that Bruckmann, Rosser, Sherill and Co. Inc. has signed an agreement to acquire the company.
ISSN:1367-8086