21.   PHILIPPINE stocks fell for the first time in five days on renewed concern high interest rates and a weak peso will lead to more loan defaults.

22.   Philippine stocks fell for the first time in three days on expectations loan defaults will surge because of steep borrowing costs and the tumbling peso.

23.   Philippine stocks fell for the first time in three days, led by Filinvest Development Corp., on concern weak third-quarter earnings will continue into next year.

24.   Philippine stocks fell in the lightest trading in almost two years on concern high interest rates will slow property sales, trigger bankruptcies and throttle economic growth.

25.   Philippine stocks fell, led by Ayala Land Inc. and Metro Pacific Corp., as the currency turmoil showed no signs of subsiding.

26.   Philippine stocks fell, led by Ayala Land Inc. and Metro Pacific Corp., for many of the same reasons seen throughout the region.

27.   Philippine stocks fell, led by Metropolitan Bank and Trust Co. and real estate companies, amid warnings about overbuilding and rapid loan expansion to property developers.

28.   Philippine stocks fell, led by real estate developers such as Ayala Land Inc., amid concern foreign funds could trim their holdings and move cash into other markets.

29.   Philippine stocks gained for the second day as the release of President Fidel Ramos from the hospital spurred confidence he will fully recover from arterial surgery.

30.   Philippine stocks may fall next week as foreign buying that has fueled a rally weakens with some institutional investors taking time off for the lunar new year.