Weak macros, expected decline in corporate earnings and lower international oil prices continued to drag index
Typhoon Ompong, inflation worries drag index
anew !-- -- Iris Gonzales (The Philippine Star) - September 19, 2018 - 12:00am MANILA, Philippines Share prices suffered heavily yesterday, plunging by 127.22 points to close before the 7,300-mark.
Now, it is very much required for bulls to hold above 37,375-37,300 area in this month of June 2016 for minimizing the impact of UK exit, whereas trading below the same may drag index
further down to 36,965-36,850 area and then situation may witness change and we may see index heading southbound.
After I had selected a route, I asked the maintenance officer (MO) what configuration we would have on our jets so I could calculate the drag index
. We would be carrying a centerline fuel tank, an ATFLIR, one CATM-9X and two IMERs, which equated to a drag index
This led cyclical sectors like Autos to drag index
down by 32 points.
Heavy foreign selling and cement scrips drag Index
down by 109.78 points to close on Wednesday at 33,619.84.
I was concerned with my drag index
and how far I was below divert fuel.
MONDAY MAR 2 2015 FEB-15: SECTOR SPECIFIC CONCERNS DRAG INDEX
; OUTLOOK STRONGER ON LOW CPI