February 1, 1998

Losers outnumber gainers as local index ends lower

The Boulder County Stock Index continued to head in a southerly direction, as the financial crisis in Asia threatens to crimp U.S. corporate profits. When the monthly trading session had come to an end, our local selection of stocks had fallen 10.14 points, or -0.34 percent, to close the trading period at 2968.21.

In comparison, the Dow Jones Industrial Average continued its volatility as it slipped 53.61 point, losing -0.68 percent of its value, before halting at 7784.69.

Locally, losers outgunned gainers by a 29-to-26 count.

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