1
 London share prices closed sharply lower Tuesday on the back of Wall Street's steep drop 
5001
span

2
and renewed fears over U.K. economic fundamentals.
1
consequence-n

3
 Tokyo's winning streak came to an end, 
5002
List

4
and stocks fell in Frankfurt and across Europe as well.
5002
List

5
 London's Financial Times 100-share index shed 40.4 points
5003
span

6
 to finish at 2149.3. 
5
consequence-s

7
At London's close, the Dow Jones Industrial Average was 51.23 points lower at 2611.68. 
5003
temporal-same-time

8
 Dealers said 
5004
attribution

9
the initial pressure came from mildly disappointing U.K. trade figures for September and a worrisome report by the Confederation of British Industry 
5004
span

10
that a decline in orders for manufactured goods is depressing both business optimism and investment plans for the coming year. 
9
elaboration-object-attribute-e

11
 The trade and CBI reports refocused attention on high interest rates and corporate profitability 
5005
List

12
and helped rekindle underlying concerns over prospects for a recession in the U.K., 
5005
List

13
dealers said.
5005
attribution

14
 The 30-share index fell 33.3 points to 1739.3. 
5023
List

15
Volume was a modest 405.4 million shares traded, but better than the year's lowest turnover of 276.8 million Monday. 
5023
List

16
 Market watchers also noted 
5011
attribution

17
an absence of institutional interest later in the session helped pave the way for broader declines 
5011
span

18
when Wall Street opened weaker. 
17
circumstance

19
 They added 
5014
attribution

20
that market-makers were knocking share prices down in midafternoon in a bid 
5013
span

21
to attract some interest,
20
purpose-e

22
 but the action largely helped open the way for London's late declines. 
5014
Contrast

23
 Insurance stocks provided some early support to the market, partly on favorable brokerage recommendatons and talk of continental European interest in British life and composite insurers. 
5022
span

24
 British life insurer London & General,
5019
span

25
 which firmed 2 pence to 356 pence 
5017
span

26
($5.70),
25
restatement-e

27
 and composite insurer Royal Insurance,
5018
span

28
 which finished 13 lower at 475,
27
elaboration-additional-e

29
 were featured in the talk.
5020
Same-Unit

30
 On the life insurance side, Pearl Group finished 5 lower at 640,
5021
List

31
 and Sun Life dropped 15 to #11.53.
5021
List

32
 Jaguar finished 4 lower at 694.
5029
span

33
 Dealers said 
5026
attribution

34
the market didn't react substantially to Ford Motor Co. 's disclosure to the U.S. Securities and Exchange Commission 
5026
span

35
that it will seek 100% of Jaguar's shares outstanding 
5027
span

36
when U.K. government share regulations are lifted at the end of next year.
35
circumstance

37
 Tokyo stocks closed easier, 
5032
span

38
posting their first loss in six trading days,
37
consequence-s

39
 partly because of programmed index-linked selling by trust investment funds in the afternoon session.
5032
result

40
 The Nikkei index fell 58.97 points to 35526.55.
5037
List

41
 The index gained 99.14 points Monday. 
5035
background

42
 In early trading in Tokyo Wednesday, the Nikkei index rose 17.92 points to 35544.47. 
43
temporal-after

43
 On Tuesday, the Tokyo stock price index of all first section issues was down 6.31 at 2681.22. 
5115
span

44
First section volume was estimated at 900 million shares, up from 605 million Monday.
5035
List

45
 Observers said 
5039
attribution

46
the market again failed to find a trading focus,
5039
span

47
 discouraging much participation by investors. 
46
consequence-s

48
 The market, however, is expected to remain stable 
5040
List

49
and expectations for future gains are high,
5040
List

50
 traders said.
5040
attribution

51
 Such sentiment is being supported by word 
5043
span

52
that a large amount of cash from investment trust funds is scheduled to enter the market later this week and in early November. 
51
elaboration-object-attribute-e

53
 The expected amount is said to be 700 billion yen
5044
span

54
 ($4.93 billion)
53
restatement-e

55
 to 1.05 trillion yen 
5046
span

56
-- the second largest amount this year in a given period, 
5047
span

57
following the record high set at the end of July,
56
elaboration-additional-e

58
 according to market observers. 
5045
attribution

59
 In addition to a large amount of investment trust fund cash, analysts generally see the market environment improving 
5050
span

60
compared with the past couple of weeks. 
59
comparison

61
 Toshiyuki Nishimura, an analyst at Yamaichi Securities, said,
5051
attribution

62
 The market sentiment is bullish, 
5051
span

63
simply because there are few bad factors. 
62
cause

64
 Buying activity Tuesday centered on a wide range of midcapitalization, domestic demand-related shares 
5053
span

65
whose prices range from 1,000 to 2,000 yen.
64
elaboration-additional-e

66
 Investors expect 
5055
attribution

67
these shares will be targets of investment trust funds,
5055
span

68
 which often buy small amounts 
5054
span

69
spread across a wide range of issues.
68
elaboration-object-attribute-e

70
 On the other hand, high-priced shares such as Pioneer Electronic and Sony failed to spark investor interest 
5057
span

71
because these issues are unlikely to be bought by investment trust funds,
70
result

72
 observers said. 
5057
attribution

73
 Tuesday's notable losers were highpriced shares such as Pioneer,
5060
span

74
 which shed 210 yen to 5,900 yen. 
73
elaboration-additional-e

75
Sony was down 130 to 8,590.
5061
List

76
 TDK fell 120 to 5,960, 
5061
List

77
Fuji Photo Film declined 160 to 4,830, 
5061
List

78
and Fanuc dropped 160 to 7,440. 
5061
List

79
 Share prices on the Frankfurt stock exchange closed sharply lower in thin dealings
5070
span

80
 as worried investors remained idle as the result of two potentially destabilizing domestic developments.
79
result

81
 The DAX index fell 15.85 
5071
span

82
to end at 1507.37. 
81
consequence-s

83
 Cutting against the downward trend was Continental,
5072
span

84
 which jumped 4 marks to 346 marks 
5073
span

85
($187)
84
restatement-e

86
 in heavy trading on rumors 
5074
span

87
that the tire maker is about to be taken over.
86
elaboration-object-attribute-e

88
 It jumped 7.5 Monday.
5072
temporal-before

89
 Traders said 
5078
attribution

90
the market was exceptionally thin,
5078
span

91
 as small investors remain on the sidelines.
90
result

92
 Market participants say 
5095
attribution

93
investors are not only licking their wounds 
5080
span

94
following the turbulence last week,
93
temporal-before

95
 but they have also been made nervous by two events in West Germany.
5081
List

96
 On Sunday, the governing Christian Democratic Union suffered a series of setbacks,
5085
span

97
 the extent of which became fully known only late Monday,
96
elaboration-additional-e

98
 in municipal elections in Baden-Wuerttemberg. 
5086
Same-Unit

99
Traders say 
5087
attribution

100
investors are worried 
101
attribution

101
that the CDU won't be able to hold office in federal elections at the end of 1990. 
5087
span

102
 And statements by the chairman of the IG Metall labor union, Franz Steinkuehler, also cast a cloud over trading,
5089
span

103
 dealers said. 
102
attribution

104
Mr. Steinkuehler said at a convention in West Berlin 
5090
attribution

105
that the union has to prepare for a big fight
5090
span

106
 to achieve its main goal of a 35-hour workweek, down from current 37-hour workweek. 
105
purpose-e

107
 The decline in prices cut broadly through the blue-chip issues,
5097
span

108
 as Siemens tumbled 7.5 to 544,
5100
List

109
 Deutsche Bank plunged 7 to 657,
5100
List

110
 and the auto makers fell sharply as well. 
5099
span

111
Daimler-Benz dropped 12.5 to 710.5, 
5098
List

112
Bayerische Motoren Werke dropped 10.5 to 543.5, 
5098
List

113
and Volkswagen lost 7.1. 
5098
List

114
 Elsewhere, share prices closed lower in Zurich, Amsterdam, Milan and Stockholm.
5103
List

115
 Uneasiness about Wall Street was cited in several markets. 
5103
List

116
 Prices closed lower in Sydney, Singapore and Wellington,
5103
List

117
 were mixed in Hong Kong
5102
Same-Unit

118
 and higher in Taipei, Manila, Paris, Brussels and Seoul. 
5102
Same-Unit

119
 Here are price trends on the world's major stock markets,
5106
span

120
 as calculated by Morgan Stanley Capital International Perspective, Geneva.
5110
span

121
 To make them directly comparable,
5107
purpose

122
 each index is based on the close of 1969 
5107
span

123
equaling 100.
122
consequence-s-e

124
 The percentage change is since year-end. 
5108
elaboration-additional

5001
span
5002
List

5002
multinuc
5105
span

5003
span
5008
span

5004
span
5007
span

5005
multinuc
5006
span

5006
span
5007
elaboration-additional

5007
span
5009
span

5008
span
5010
span

5009
span
5008
result

5010
span
5023
List

5011
span
5012
span

5012
span
5016
span

5013
span
5014
Contrast

5014
multinuc
5015
span

5015
span
5012
elaboration-additional

5016
span
5023
explanation-argumentative

5017
span
24
elaboration-additional-e

5018
span
5020
Same-Unit

5019
span
5020
Same-Unit

5020
multinuc
5021
List

5021
multinuc
23
example

5022
span
5113
List

5023
multinuc
5024
span

5024
span
5114
span

5025
span



5026
span
5028
span

5027
span
34
elaboration-object-attribute-e

5028
span
32
result

5029
span
5113
List

5030
span



5031
span



5032
span
5033
span

5033
span
5038
span

5034
span



5035
multinuc
5036
span

5036
span
5037
List

5037
multinuc
5033
elaboration-general-specific

5038
span
5069
span

5039
span
5042
span

5040
multinuc
5041
span

5041
span
5066
span

5042
span
5068
Contrast

5043
span
5049
span

5044
span
5045
Same-Unit

5045
multinuc
5048
span

5046
span
5045
Same-Unit

5047
span
55
elaboration-additional-e

5048
span
5043
elaboration-general-specific

5049
span
5065
List

5050
span
5116
span

5051
span
5052
span

5052
span
5064
span

5053
span
5059
span

5054
span
67
elaboration-object-attribute-e

5055
span
5056
span

5056
span
5053
explanation-argumentative

5057
span
5058
span

5058
span
5062
span

5059
span
5063
Contrast

5060
span
5061
List

5061
multinuc
5058
example

5062
span
5063
Contrast

5063
multinuc
5052
explanation-argumentative

5064
span
5050
interpretation-s

5065
multinuc
5041
evidence

5066
span
5068
Contrast

5067
span



5068
multinuc
5038
interpretation-s

5069
span
5104
List

5070
span
5083
span

5071
span
5077
Contrast

5072
span
5076
span

5073
span
5075
span

5074
span
5073
circumstance

5075
span
83
elaboration-additional-e

5076
span
5077
Contrast

5077
multinuc
5070
elaboration-general-specific

5078
span
5079
span

5079
span
5084
span

5080
span
5081
List

5081
multinuc
5095
span

5082
span
5079
reason

5083
span
5096
span

5084
span
5083
explanation-argumentative

5085
span
5086
Same-Unit

5086
multinuc
5088
background

5087
span
5088
span

5088
span
5092
span

5089
span
5091
background

5090
span
5091
span

5091
span
5093
span

5092
span
5094
List

5093
span
5094
List

5094
multinuc
5081
elaboration-general-specific

5095
span
5082
span

5096
span
5101
span

5097
span
5096
elaboration-additional

5098
multinuc
110
elaboration-general-specific

5099
span
5100
List

5100
multinuc
107
example

5101
span
5104
List

5102
multinuc
5103
List

5103
multinuc
5112
span

5104
multinuc
5002
summary-n

5105
span
5111
span

5106
span
5103
example

5107
span
5108
span

5108
span
5109
span

5109
span
120
manner

5110
span
119
means-e

5111
span



5112
span
5105
topic-shift

5113
multinuc
5024
example

5114
span
5104
List

5115
span
5035
List

5116
span
5065
List

