Title= East Euro Stocks (s-only)
Byline= Barry Wood
Intro: The biggest Eastern European stock markets continued to
Post solid gains this week. V-o-A's Barry Wood reports there were
more 12 month highs in Budapest and Prague.
Text: In Budapest, stock prices rose sharply Friday as the B-U-X
index registered a 49 point gain in the week to 26 hundred 34.
The market had touched new highs on Tuesday before profit taking
at mid-week. There is optimism about prospects for the Hungarian
In Prague, the PX 50 index gained over one percent on the week,
closing at 524. The Prague market has been recording a series of
12 month highs as growth estimates for the Czech Republic are
In Warsaw, the market was down Friday but still registered a 766
point weekly gain. The WIG index closed at 12 thousand 377.
On the smaller markets, performance was mixed. Bratislava gained
six percent on the week with new 12 month highs Thursday and
Friday. Zagreb was mixed. But the Balkan markets were down. Sofia
hit an all -time low as the currency continued to weaken. And in
Bucharest activity was sharply curtailed as only five of the 13
listed stocks traded. (Signed)
26-Apr-96 12:18 pm edt (1618 utc)
Source: Voice of America