The Dow Jones industrial average gained 9.21 Thursday to close at 3635.96, stemming five straight days of sharp decline. Breadth remained poor, with declines topping advances, 1539-746, on the New York Stock Exchange. Adjusted NYSE volume was 398,825,650 shares. The NASDAQ composite index was down 1.45 to 743.46, rebounding from a 13- point midday decline. NASDAQ volume, at 413,787,000 shares, was the second heaviest in history. The Wilshire 5000 fell $6.494 billion to $4,459.686 billion. The New York Stock Exchange's ``uptick rule,'' which restricts computer- guided sell programs, went into effect at 9:57 a.m. CST when the Dow dropped more than 50 points. It was the third day in a row that the market triggered the trading curbs, which were lifted two hours later. "We're receiving more customer calls than usual, yet the majority of people are not taking any action," said Rodger T. Servison, managing director of Fidelity Investments, Thursday afternoon. "This situation has not caused any unusual activity for our portfolio managers," Servison said. "In fact, some of our managers are using this opportunity to add to their positions." Semiconductor stocks were among the rebounding issues Thursday. Motorola was up 3 1/8 to 101 1/4, Micron Technology gained 2 3/4 to 83 1/4 and Intel was up 1 1/4 to 67 1/2. AlliedSignal, up 2 1/4 to 36 1/2, and J.P. Morgan, up 2 1/4 to 62 3/4, kept the Dow in positive territory. Mining stocks also rallied, led by Coeur d'Alene Mines, up 1 5/8 to 22 5/8. The Dow open, theoretical intraday high and low: 3639.71; 3673.10; 3544.12. Ronald Schroeder, chief investment officer of J.& W. Seligman, called the decline in stock prices a normal correction in a bull market. Schroeder said that the major contributor to falling stock prices has been the rise in government bond interest rates above 7%, which in his opinion is overdone. But James Stack, editor of the InvesTech Market Analyst newsletter in Whitefish, Mont., said that the explosion in the number of stocks hitting new 52-week lows was an indicator that a bear market had, in fact, begun. Sutton Resources was down 5 1/2 to 32. The company said Wednesday that a lawsuit was favorably resolved, providing Sutton rights to negotiate an agreement on a large gold property in Tanzania. A Sutton representative noted that the stock had rallied prior to the lawsuit's positive resolution. Pyramid Technology was down 3 7/8 to 7 7/8. It expects second-quarter revenues to be 15% lower than those of a year ago, leading to a significant loss. A decline of business with traditional OEM partners was blamed. Software Toolworks was up 4 1/4 to 14 1/4. Pearson PLC, publisher of the Financial Times, said it would buy Software Toolworks for $14.75 per share. Software Toolworks makes entertainment software for PCs and video games. Woolworth fell an additional 1 5/8 to 15 5/8. It revealed Wednesday that it would restate financial results for the fiscal year ended January 1994 and possibly for the prior year too. Kemper used the selloff to issue buy recommendations on several issues that recently declined in price, including Superior Industries, up 1/2 to 34 3/8. Turf Paradise was up 2 1/4 to 11 3/4. It will be acquired by Hollywood Park in a stock swap valued at $13 per share. 03/31/94 FOREIGN STOCK REPORT INDEX CLOSE CHANGE INDEX CLOSE CHANGE NIKKEI 19111.90 -448.00 STRAITS TIMES 2080.90d -47.49 TOPIX 1563.21 -25.01 SINGAPORE ALL 535.23u -11.31 HANG SENG 9029.91 -202.30 SYDNEY ALL ORD 2053.10 -39.30 (UPI) Buffeted by a soaring yen and matching the downward trend of overseas markets, Tokyo stock prices nosedived in lean trading Thursday. The Nikkei average of 225 selected issues plunged 447.99 points - 2.3 percent - to 19,111.92 after shedding 149.83 points Wednesday. The broader-based Tokyo Stock Price Index, which dropped 16.33 points Wednesday, closed at 1,563.21, plummeting 25.01 points. Volume was estimated at 280 million shares, compared with the previous day's 314.59 million shares. The Nikkei 225 peaked on 19,547.01 about 40 minutes after the open, and it bottomed on 19,082.82 almost 30 minutes before the close. Losers trounced gainers 766 to 247 with 179 unchanged. ``Things were wild today,'' said UBS Securities trader Raymond Bressoud. ``We were the most volatile market in Asia today. The high yen and weak markets overseas were the main factors.'' Foreign buyers held back and there was no entry of institutional buyers into the market as players had expected Bressoud said. LONDON Stock prices closed slightly lower Thursday on the London International Stock Exchange, lifted late in the session by a rally in the bond market. The Financial Times 100-stock index fell 6.0 points to 3,093.4. Volume amounted to around 721.6 million shares compared with 754.2 million shares changing hands Wednesday. Pearson sank 40 cents to $9.61 after announcing the purchase of Software Toolworks. Building materials company Redland jumped 33 cents to $8.19 after announcing better-than-expected 1993 results, accompanied by a positive statement on current trading. Radio stocks surged against a dismal background following an agreed cash offer for Southern Radio from Capital Radio. Southern jumped 33 cents to $1.72, against the bid price of $1.72, while Capital rose 30 cents to $6.25 on the news. A cautious note from analysts at NatWest Markets on building products and security printing company Caradon knocked 15 cents off the stock to $5.45. FRANKFURT Stock prices on the Frankfurt Stock Exchange fell in moderate trading. The German Stock Index, which lost 20.82 points Wednesday, lost another 14.42 points to 2,133.11. PARIS Stock prices eased in light trading on the Paris Bourse. The blue-chip CAC40 Index, which sank 39.57 points Wednesday, slipped 1.93 point to 2,081.94. HONG KONG The Hang Seng Index dropped 202.30 points or 2.2 percent in value to 9,029.91. The key index fell 247 points Wednesday and 202 points this week. Volume was almost unchanged at a moderate 4.52 billion shares. Heavy selling on Wall Street pressured the Hong Kong market this week as U.S. investors turned bearish because of fears of further U.S. interest rate hikes. SEOUL Stocks held ground and made a slight rebound on the Korean Exchange in light trading. The Korean Composite Index, which lost 9.94 points Wednesday, added 1.54 points to 867.22. Declines, however, outnumbered advances 458 to 274, while another 117 issues remained unchanged. SYDNEY Investors dumped stocks on the Sydney Stock Exchange spooked by the sharp fall on Wall Street. At the close of a shortened half-day pre-Easter trading session, the All Ordinaries Index fell 39.3 points to 2,053.1. The index lost 8.4 points in the previous session. Large losses occurred across the boards as the All Industrials Index dived 55.4 points to 3,114.3 and the All Resources Index fell 27.3 points to 1,247.8. The Gold Index lost 30.1 points to 2,301.5. Trading for the half-day session was reasonably busy as volume amounted to an estimated 360 million shares, compared with 480 million shares during Wednesday's full session. Declines more than doubled advances, 395 to 161, however another 320 stocks remained unchanged.