24-jan: Parang ispagetti..

Foreign funds (foreign-germ as per sir Nel, haha!) continue to be aggressive sellers in our market. Today’s weakness was broad-based. All 6 subindices (financials, industrial, holdings, property, services and mining & oil) ended lower. Index stocks that have posted double digit ytd decline: ac dn 11.7%, ali dn 13.7%, jfc dn 12.4%, mbt dn 16.1%, sm dn 16.2%.

I have a song for our beloved PSEi na pababa na pababa:


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