FINANCIAL MARKETS
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Stockmarkets in most emerging economies were weaker. Bombay dropped by 9.2% on weak foreign buying and worries ahead of the dismissal of charges against Bal Thackeray, a local political leader. Istanbul was one of the few bright spots; the scrapping of plans to build a nuclear power plant pushed the market up by 3.5%.
This article appeared in the Economic & financial indicators section of the print edition under the headline “FINANCIAL MARKETS”
From the July 29th 2000 edition
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