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                    [ArticleID] => 98961
                    [Title] => Shares plunge another 33 pts on lack of positive news
                    [Summary] => 

Local stocks tumbled anew as investors' sentiment remained captive to the
raging battle between government forces and Muslim extremists in Mindanao.

Moreover, the increasing number of companies being dragged in the debt problems
of Urban Bank, Wincorp and ASB Realty has contributed to the market tension,
triggering a sell-off even in solid index issues like San Miguel, Petron Corp.
and Metrobank.

Analysts said the weaker corporate earnings and flat growth prospects for the
year, along with the planned interest rate hike in the US that could induce the
same reaction from loca
                    [DatePublished] => 2000-05-09 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

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ISLAND MINING AND BALABAC OIL

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                    [ArticleID] => 98961
                    [Title] => Shares plunge another 33 pts on lack of positive news
                    [Summary] => 

Local stocks tumbled anew as investors' sentiment remained captive to the
raging battle between government forces and Muslim extremists in Mindanao.

Moreover, the increasing number of companies being dragged in the debt problems
of Urban Bank, Wincorp and ASB Realty has contributed to the market tension,
triggering a sell-off even in solid index issues like San Miguel, Petron Corp.
and Metrobank.

Analysts said the weaker corporate earnings and flat growth prospects for the
year, along with the planned interest rate hike in the US that could induce the
same reaction from loca
                    [DatePublished] => 2000-05-09 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

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abtest

Shares plunge another 33 pts on lack of positive news

By Christina Mendez | May 9, 2000 - 12:00am

Local stocks tumbled anew as investors' sentiment remained captive to the raging battle between government forces and Muslim extremists in Mindanao. Moreover, the increasing number of companies being dragged...

Business