Shares to recover next week

MANILA (AFP) - Share prices are expected to bounce back next week after bucking a strong regional and Wall Street lead to finish this week with a loss, dealers said Friday.

For the week to July 20, the composite index fell 47.14 points or 1.26 percent to 3,738.28 points.

Average daily turnover slipped to 4.48 billion shares worth P4.98 billion ($110.9 million) from 6.08 billion shares worth P9.43 billion in the previous week.