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proxime

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proxime

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Monday, 09/04/2000 11:14:25 PM

Monday, September 04, 2000 11:14:25 PM

Post# of 1520
LONDON (Reuters) - The Eurotop 300 hit record levels for the second consecutive day on Monday, propelled by roaring technology and telecoms stocks, though some analysts warned it may yet be too early to take major equity positions.

The strong advance came despite Wall Street being closed in observance of the Labor Day holiday. Players said some investors were building positions in anticipation of a rally at the end of the year, when fund money typically flows back into the markets.

http://www.reuters.com/news_article.jhtml;$sessionid$NTDB3AQAACYXCCRBADLCFEYKEEANOIV2?type=business&Repository=BUSINESS_REP&RepositoryStoryID=%2Fnews%2FIDS%2FBusiness%2FBUSINESS-MARKETS-EUROPE-DC_TXT.XML

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