KOREA AND INDONESIAN

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                    [ArticleID] => 99127
                    [Title] => Phisix falls below 1500-pt support level
                    [Summary] => 

Share prices tumbled to a new 19-month low yesterday hounded by worries over
the country's peace and order situation and a possible surge in domestic
interest rates resulting from the Bangko Sentral ng Pilipinas' (BSP) decision
to boost key rates, traders said.

The 30-company Philippine Stock Exchange Index fell 42.68 points, or 2.8
percent, to 1,478.68, its lowest level  since Oct. 20, 1998. Yesterday's losses
added to Thursday's 12.69-point decline.

The  broader All Shares Index rose 0.76 point to 612.65 after retreating 8.34
points Thursday.
                    [DatePublished] => 2000-05-20 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096615
                    [AuthorName] =>  Christina Mendez
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

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Phisix falls below 1500-pt support level

By Christina Mendez | May 20, 2000 - 12:00am

Share prices tumbled to a new 19-month low yesterday hounded by worries over the country's peace and order situation and a possible surge in domestic interest rates resulting from the Bangko Sentral ng Pilipinas'...

Business