20090525 MCI Biweekly Update

Between May 11,2009 and May 22,2009 the MCI index decreased from 5672.5 to 5480.7, down by 191.8 points. As the index crossed below the 20-day average on May13, it was a signal to further declines in the following week or so. Amid the still uncertain global economy and the fact that Q2 still marks the traditional weak seasonality, it weighed down on the MCI development during this period.