THE stock market could fall further this week ahead of a renewed push to 9,000, analysts said. Eagle Equities, Inc. research head Chris Mangun said the benchmark Philippine Stock Exchange index (PSEi) could shed another 200 points but may see a recovery before the end of the month. I will not [also]be surprised if we lose another 200 points this week,” Mangun said. Local share prices were caught up in a global rout on Friday with the PSEi ending the trading week just short of falling into 8,400 territory. The bellwether index lost 1.64 percent or 141.39 points to finish at 8,503.69 while wider All Shares dropped 1.30 percent or 66.29 points to end at 5,028.38.

Source: Manila Times February 11, 2018 17:15 UTC