From a high of 9,078.37 in January 2018, the 30-stock Philippine Stock Exchange index has since plunged by 32 percent as of the end of October 2022.The index was not immune to the global markets sell-off due to looming concerns of high inflation, the hawkish stance of global central banks, and a strong US Dollar against other major currencies.
He noted that, “The PSEi may finally carry out a more significant rally once a successful re-test of the 5,700 support area is done.” As part of its value proposition of providing easy access to stock trading via online platform, it also offers valuable market information, insights and analysis through research reports, trading commentaries, educational webinars and market related vlogs.
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Source: MlaStandard - 🏆 20. / 55 Read more »