MANILA, Philippines — Share prices may recover this week with next support level seen at 7,350, analysts said. The market may take a little longer to climb as it absorbs all this foreign selling but eventually it will stop. It is quite disappointing that the index broke below the key support level at 7,500. In all, Mangun said the main index is down for a second week in a row because of heavy foreign selling. But the market may take a little longer to climb as it absorbs all the foreign selling.

Source: Philippine Star September 16, 2018 15:33 UTC