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                    [ArticleID] => 98504
                    [Title] => Index tumbles 8 pts amid scandal, falling peso
                    [Summary] => Share prices fell 0.5 percent yesterday amid a jueteng payoff involving President Estrada and a continuing slide by the peso which hit a record low of 48.50 to the dollar.


The 30-company main index slid for the fifth straight day, retreating 7.52 points to 1,318.74, still at a two-year low. The broader All-Shared index also fell 6.76 pts or one percent to 669.


"Definitely the negative sentiment is stronger and right now the bad impression about the government and the economy still prevails," said Warren Chua of Mercantile Securities Corp.


                    [DatePublished] => 2000-10-13 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
                    [SectionName] => Business
                    [SectionUrl] => business
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PEREGRINE SECURITIES

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                    [ArticleID] => 98504
                    [Title] => Index tumbles 8 pts amid scandal, falling peso
                    [Summary] => Share prices fell 0.5 percent yesterday amid a jueteng payoff involving President Estrada and a continuing slide by the peso which hit a record low of 48.50 to the dollar.


The 30-company main index slid for the fifth straight day, retreating 7.52 points to 1,318.74, still at a two-year low. The broader All-Shared index also fell 6.76 pts or one percent to 669.


"Definitely the negative sentiment is stronger and right now the bad impression about the government and the economy still prevails," said Warren Chua of Mercantile Securities Corp.


                    [DatePublished] => 2000-10-13 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
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Index tumbles 8 pts amid scandal, falling peso

By Christina Mendez | October 13, 2000 - 12:00am

Share prices fell 0.5 percent yesterday amid a jueteng payoff involving President Estrada and a continuing slide by the peso which hit a record low of 48.50 to the dollar. The 30-company main index slid for the...

Business