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MANILA STOCK BROKER SLUMPS IN FRONT OF HIS TRADING SCREEN IN MANILA, 1997-08-25 (photo)

IMAGE number
REU8045638
Image title
MANILA STOCK BROKER SLUMPS IN FRONT OF HIS TRADING SCREEN IN MANILA, 1997-08-25 (photo)
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Medium
photograph
Date
1997 AD (C20th AD)
Shooting Date
1997-08-25
Image description

A Manila stock broker slumps in front of his trading screen August 26 after the Philippine Stock Exchange index fell to a new 21 month low as investors sold down blue chips on fear that the Philippine peso will depreciate further amid turmoil in the regional currency markets. The 2,300 psychological support collapsed early in the session, but bargain hunters picked up selected shares propping the index to settle at 2,300.82 at close, down 2.67 percent from Monday's close. PHILIPPINES STOCK

Photo credit
REUTERS / Bridgeman Images
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