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DJ Margin Debt -2: Rose To $162.7B Last Month

 

NEW YORK (Dow Jones)--Margin debt, which is accumulated by investors who buy stocks with funds borrowed from their brokers, rose 4.4% last month.

 

The Big Board said Friday that debit balances in margin accounts of customers of NYSE-member securities firms rose to $162.72 billion in October from $155.87 billion in September.

 

Margin debt peaked in March 2000 at $278.53 billion.

 

-By Gaston F. Ceron, Dow Jones Newswires; 201-938-5234; [email protected]

 

 

(END) Dow Jones Newswires

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