Turbulent times for resources sector on BSE

As a result, the FCI lost 0.24 percent to 2,577.50 on the back of losses experienced by some resource stocks as the total value traded for last week was P20,2 million on 2,5 million shares.

Discovery Metals was the highest loser of the week, retreating 12.86 percent overall as the counter opened at 269thebe from last week's 280thebe and slipped gradually to close at 244thebe.Aviva and African Copper shed 11.49 percent and 7.10 percent to end the week at 416thebe and 327thebe. The other losers were A-Cap (3.41 percent), African Diamonds (3.23 percent) and DiamonEx (2.40 percent) which closed the week at 264thebe, 749thebe and 122thebe respectively.