Table: Leading Industries By Market Value

                             MARKET VALUE    
                                   (BILLIONS OF      % CHANGE
              INDUSTRY             U.S. DOLLARS)     FROM 1994
      1       BANKING                 1,381.8           -0.1
      2       TELECOMMUNICATIONS        688.4            7.3
      3       HEALTH & PERSONAL CARE    676.1           32.8
      4       ENERGY                    596.3           14.9
      5       UTILITIES                 506.3            9.2
      6       MERCHANDISING             423.2            5.2
      7       INSURANCE                 381.1           14.7
      8       BEVERAGES & TOBACCO       346.9           36.1
      9       FOOD & HOUSEHOLD PRODUCTS 346.7           24.8
      10      ELECTRICAL & ELECTRONICS  334.0            6.0
      
      DATA: MORGAN STANLEY CAPITAL INTERNATIONAL, BUSINESS WEEK
      
      
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