Big Movers in the Stock Market
NEW YORK (AP) _ Some of the stocks that moved substantially or traded heavily Friday on the New York Stock Exchange, Nasdaq Stock Market, and American Stock Exchange.
Fidelity Advisor Korea Fund, up 5/16 at 3 7/8
Korea Equity Fund, up 1/4 at 3 3/16
Korean Investment Fund, up 5/16 at 4 1/16
South Korea’s battered financial markets rebounded on the first day of trading since early Thursday’s announcement that the International Monetary Fund and the Group of Seven industrialized countries would expedite $10 billion in loans as part of a record $57 billion bailout plan.
Weider Nutrition, down 1 1/4 at 11 1/2
Salomon Smith Barney lowered its rating on the maker of nutritional supplements to ``outperform″ from ``buy,″ Dow Jones News Service reported.
United Federal Savings Bank, up 4 at 21
The Rocky Mount, N.C.-based bank agreed to be acquired buy Triangle Bancorp of Raleigh, N.C., for stock valued at about $22 a share, or $72 million.