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Foreigners dumped equities
- Philippine stocks tumbled to a two year low as foreigners dumped equities, with the peso weakening to a record low against the dollar driving inflation concerns.
www.bloomberg.com/news/articles/2022-09-27/philippine-stocks-fall-20-from-february-high-as-inflation-bitesPhilippine Stocks Flirt With Bear Market, Fall to Two-Year Low
People also ask
Why did the Philippines stock market close 0.84% lower?
Why did the Philippine Stock Exchange lose $20 billion in August?
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Why did the Philippine Bourse open late a year ago?
Sep 28, 2022 · MANILA, Philippines — Local equities sank deeper into the bear market territory on Wednesday amid investor fears over rising interest rates and their crippling effect on the global economy....
- Tracking Wall Street's slump, Philippine shares down over 1%
The Philippine Stock Exchange index shed 1.5% to close at...
- Tracking Wall Street's slump, Philippine shares down over 1%
Oct 20, 2022 · The Philippine Stock Exchange index shed 1.5% to close at 6,055.99. The broader All Shares index lost 1.32%, while most of the sub-indices landed in the red. Shares in the industrial sub-index ...
Sep 1, 2023 · Philippine equities investors absorbed their worst monthly loss in almost a year with the benchmark index shedding 6.3% in August, marking the steepest decline among Southeast Asia’s benchmarks.
May 10, 2022 · MANILA -- Philippine stocks tumbled on Tuesday after election results showed Ferdinand Marcos Jr. poised to become the country's next president and U.S. equities posted big declines.
May 29, 2024 · MANILA, Philippines — The stock market kicked off the year with a surge of optimism, helping the Philippine Stock Exchange Index (PSEi) gain as much as 9.6 percent in the first three months.
- Henry Ong
Jan 3, 2024 · MANILA (Updated 6:53 p.m.) — The Philippines ‘ stock market on Wednesday closed 0.84% lower as a trading halt because of “technical issues” that stopped transactions for more than two hours...
Jun 22, 2024 · The Philippine Stock Exchange Index (PSEi) entered an eight-session losing streak on the last trading day of the week, falling by 2.93 percent, or 186.08 points, to close at 6,158.48.
