Ad Majorem.....Wealth Builders
August 25, 2015
The China's woes, (stock market bubble burst) the devaluation of yuan, falling outputs and growth (their stock market fell by 8% last Friday alone not counting the $1 trillion loss since June 15) has spooked Dow Jones (it fell by 1,000 points yesterday) and Asian markets. Our very own PSE lost P764 billion yesterday wiping out 2015 gains.
From Inquirer, PSE slides down below 7,000
PSE lost 6.7 % or 487.97 points, to close at 6791, its largest loss in a single day
Did you lose in the stock market?
Big losers were Ayala, Globe Megaworld and other blue chip stocks.
What did we say about equity markets?
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