Bovespa, S&P 500 and NASDAQ Composite dipped 1% each, while Shanghai Composite and Korean Composite ended flat. Nikkei declined 2%.
Shipping companies were a mixed bag during the fortnight. Shipping Corp of India, Pipavav Defence & Offshore Engineering Co, Mercator and Great Eastern Shipping Co advanced 17%, 16%, 3% and 2%, respectively.
Construction, engineering, procurement and infrastructure companies were punished. PBA Infrastructure, Jaiprakash Associates and Valecha Engineering declined 17%, 15% and 10%, respectively.