The worries of worldwide recession are resurfacing.
Value turnover was P2.3B, with the PSEi closing at 2424.29. Other Asian markets made a bit of a turnaround today after the Bank of Australia cut their interest rates by 100 basis points but the FTSE was down by over 400 points.
The Nikkei fell below 10,000 at one point. The French market saw its biggest single day drop. The Dow Jones closed below 10,000 points.
...maybe -73ish isn't so bad. Hehe.
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