91.   Investors preferred to place their capital in countries offering a high yield, such as Italy or Spain.

92.   Dealers said many investors also preferred to stay on the sidelines ahead of the coming earnings season.

93.   The opening of the bond market here would also lure more foreign capital, particularly from Europe, where investors prefer bonds over the equities, he argued.

94.   Thorn shares were hit, investors preferring EMI, whose current prospects look brighter.

95.   It was apparent that investors preferred to believe Strathcona and Freeport.

96.   Operators said that many investors preferred to take some profits following a recent runup and the record highs reached by the market.

97.   Richard Cripps, chief market strategist at Legg Mason, said investors preferred to be defensive on a variety of concerns.