1.   Economic growth is expected to remain particularly strong in Southeast Asia, helping local equity markets there.

2.   That, in turn, tends to increase local equity values, especially in the stocks that are most likely to attract foreign investors.

3.   The buoyant reaction extended to the local Chinese equity markets.

4.   Analysts said Asian institutions had again started buying into local equities.

5.   Aside from weak corporate performance, analysts said concerns over the volatile currency and interest rates as well as wild swings in major overseas markets also hurt local equities.

6.   Dollar demand remained slack and moderate dollar inflows entered the market from foreign portfolio managers paying for recent purchases in the local equities market.

7.   Local equities often take their cue from Argentine bonds traded in the United States.

8.   Regulators reopened local equities markets Wednesday at noon after halting activity on Tuesday after terrorist attacks on New York and Washington.

9.   Roxas said the advance of major markets in the region, particularly Japan, also provided the impetus for local equities to post gains.

10.   Tan said unless the currency crisis subsides, local equities are unlikely to make a swift upturn.