Semiconductor stocks continued to be among the weaker sectors.
Q. Which are the strong and weak sectors?
When remuneration packages are tied into the performance of shares over a very short time-span, the long-term result is often a weaker corporate sector.
Chemical stocks were also one of the section's weak cyclical sectors.
Wherever a weak sector needed reinforcement, another sector had to be dangerously depleted.
The second cause for fear is the weak private sector.
"Issues of poor governance, social stress and a weak financial sector were not addressed," the report says.
It also includes related issues that are part of the general investment climate but can be particularly important for exports, such as a weak financial sector.
In other words even the best stock located in a weak sector will often perform poorly because that sector is out of favor.
It aims to support the still weak judicial sector, the Parliament and other institutions, thereby assisting in building up a democratic culture.