The Philippine stock market is expected to retest the 6,400 level this week as lingering overseas concerns continue to dampen investor sentiment.
Japhet Tantiangco, research head at Philstocks Financial Inc., said that while the market is considered undervalued at current levels, sentiment remains bearish due to global trade uncertainties stemming from U.S. trade policies.
On a positive note, Tantiangco said the latest inflation data may raise hopes for more aggressive policy...
The Philippine stock market is expected to retest the 6,400 level this week as lingering overseas concerns continue to dampen investor sentiment.
Japhet Tantiangco, research head at Philstocks Financial Inc., said that while the market is considered undervalued at current levels, sentiment remains bearish due to global trade uncertainties stemming from U.S. trade policies.
On a positive note, Tantiangco said the latest inflation data may raise hopes for more aggressive policy...
Share prices dropped below 6,400 on Friday amid continued global uncertainties after US President Donald Trump’s tariff policy was cooked by a US court.
The...
The Philippine Stock Exchange Index (PSEi) closed lower on Thursday as the lack of positive catalysts and global uncertainties dampened investor sentiment.
The PSEi fell...
Stock market investors are expected to stay cautious this week as they weigh both local and global developments.
Analysts said investors would watch how the...
Philippine stocks jumped Friday to close above the 6,400 mark on interest rate cut hopes and the positive assessment given by the International Monetary...
