Stocks drop on MSCI rebalancing

  • 📰 manilabulletin
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

Stocks slid further as foreign funds sold down stocks related to the MSCI rebalancing. | ManilaBulletin

Stocks slid further as foreign funds sold down stocks related to the MSCI rebalancing.

“Philippine shares slid on heavy turnover as funds were tracking the latest MSCI rebalancing results and with then end of month window dressing at hand,” said Regina Capital Development Corporation Managing Director Luis Limlingan.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 25. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Asia stocks slump to monthly loss as China data disappointsAsia’s stock markets slid toward a second month of losses in a row on Wednesday, and even the glittering Nikkei paused, as weak Chinese factory activity fed growing doubts about the post-pandemic recovery in the world’s second biggest economy. | Reuters
Source: inquirerdotnet - 🏆 3. / 86 Read more »