MANILA, Philippines — The market could further retest the 8,000 level this week, as investors recalibrate their portfolios, traders said over the weekend. Jonathan Ravelas, chief market strategist at BDO, said last week’s close suggest a further decline of the benchmark Philippine Stock Exchange index. “Chartwise, the week’s close at 8,238.15 signals further tests toward the 8,000 to 8,100 levels. The local stock market printed an intra-week low at 8,156.19. “The market lost more than 100 points this week as the market broke below our support levels.

Source: Philippine Star March 18, 2018 16:01 UTC