Stocks lower as investors take breather

  • 📰 manilabulletin
  • ⏱ Reading Time:
  • 37 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 51%

Brasil Notícia Notícia

Brasil Últimas Notícias,Brasil Manchetes

The local stock market eased after the previous day’s spike as investors settle down to wait for more economic data. | ManilaBulletin

The PSE benchmark declined by 25.34 points or 0.39 percent to close at 6,539.36 as the Property counter led all indices in the retreat. Volume was also lower at 626 million shares worth P3.86 billion as losers beat gainers 105 to 69 with 51 unchanged.

“Philippine equities took a breather as investors await economic data releases,” said Regina Capital Development Corporation Managing Director Luis Limlingan. He added that, “On Thursday morning , weekly jobless claims and wholesale inventories are due. Tomorrow , the April unemployment rate and trade balance are scheduled to be released.”

Philstocks Financial Assistant Research Manager Claire Alviar said “The local bourse slipped due to lack of catalysts. Investors, both at home and overseas, were still digesting recent economic data while waiting for fresh leads to move the market.” “On the economic data front, the decline in the Philippines’ gross international reserves weighed on sentiment as well,” she noted.

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 25. in BR

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Magallanes, Cavite LGU eyes halal industry to boost local agri-eco-tourismThe local government unit (LGU) of Magallanes is exploring the establishment of a halal ecosystem in the municipality to boost local agri-eco-tourism. | ManilaBulletin
Fonte: manilabulletin - 🏆 25. / 51 Consulte Mais informação »