Philippine stocks declined Wednesday amid negative market sentiment overseas as concerns about less aggressive rate cut by the United States Federal Reserve weighed on the market.
“Philippine stocks slipped along with Wall Street, as investors grappled with ongoing concerns about rising interest rates and processed the latest earnings reports released this week,” Regina Capital and Development Corp. head of sales Luis Limlingan said.
The Philippine Stock Exchange index slipped by 45.50...
Philippine stocks declined Wednesday amid negative market sentiment overseas as concerns about less aggressive rate cut by the United States Federal Reserve weighed on the market.
“Philippine stocks slipped along with Wall Street, as investors grappled with ongoing concerns about rising interest rates and processed the latest earnings reports released this week,” Regina Capital and Development Corp. head of sales Luis Limlingan said.
The Philippine Stock Exchange index slipped by 45.50...
The Philippine stock market rebounded slightly Monday ahead of the Bangko Sentral ng Pilipinas’ policy meeting later this week.
The bellwether Philippine Stock Exchange index...
Philippine stocks may recover this week on bargain-hunting following last week’s sharp decline.
Philstocks Financial Inc. research head Japhet Tantiangco said the market may retest...