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Basic materials companies -- the papers, metals and chemicals -- have also been crushed.
Economic crisis means food and other basic materials are rationed.
"The DPRK is really short of basic materials.
Instead, Ms. Clayman likes capital goods and basic materials companies, as well as some energy companies.
'When I decided to use cultural artefacts as basic materials, this was a radical move.
Most companies that pay dividends, he said, are in the utilities, telecommunications and basic materials sectors.
The declines also weakened companies that produce basic materials like chemicals and steel.
Steidl says, "I learned from him to use very basic materials.
He used as basic materials silver, pottery, glass, leather and gemstones.
Zambia: 22% in basic materials, 16% real estate and construction, 12% financial services, 9% transport.
Multiple double doors, manhandled into different configurations, are the basic materials.
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