Caracas Stock Index gains 2.05% in strong trading

www.vheadline.com Posted: Thursday, February 27, 2003 By: Robert Rudnicki

The Caracas Stock Index (IBC) rose by 2.05% or Bs.163.57 points to 8,149.66 in strong trading.

The Industrial Index fell 62.28 points to 6,924.68 and the Financial Index added 831.53 to 14,305.98.

A total of Bs.1.9 billion worth of stocks were traded in 54 transactions as two stocks rose, four fell and 13 traded flat.

The bulk of trading centered on Mercantil Servicios B, which ended flat on Bs.1,300.00.

CANTV fell Bs.10.25 to Bs.2,350.00 and Electricidad de Caracas lost Bs.3.95 to Bs.151.05.  Banco Provincial led the market higher, rising Bs.86.90 to Bs.394.90.