31. Trading was light as foreign investors, who sparked a mid-April rally in Venezuelan equities, have exited the market, traders said. 32. Turbulence in the U.S. stock market also hit Venezuelan equities, Sanchez said. 33. Venezuelan equities are also relatively cheap, with their average price-to-earnings ratio less than that of markets in Brazil or Chile. 34. Venezuelan equities are among the cheapest in the region, according to a study by Deutsche Morgan Grenfell. 35. Venezuelan equities fell today and yesterday after a strong rally in the beginning of the week led by foreign investors. 36. Venezuelan equities seesawed all week, as concern about valuations countered falling yields on central bank short-term notes. 37. Volatility on U.S. and international stock exchanges led to a sell-off in Venezuelan equities earlier this week. 38. Venezuelan equities are regarded as inexpensive, especially given the prospect of higher earnings next year, traders said. 39. Wall Street losses especially hit Venezuelan equities that have shares traded abroad. 40. Wall Street losses especially hit Venezuelan equities whose shares are traded abroad. |