PH stocks rise despite POGO ban impact on property firms

  • 📰 MlaStandard
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 55%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Defining the News

Philippine stocks rebounded Tuesday despite the property and gaming stocks sell-off after President Ferdinand Marcos Jr. imposed a ban on all Philippine offshore gaming operators .

He said POGO exposure in terms of total gross leasable area of listed property firms was very minimal, citing data from listed companies. Holding firms advanced by 1.66 percent, while services rose 1.52 percent. Value turnover was at P4 billion. Traders are also hoping for more policy announcements to kickstart the stuttering Chinese economy after last week’s closely watched Third Plenum of leaders unveiled few measures save a pledge to help local governments financially.

 

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:

 /  🏆 20. in CA

Canada Canada Latest News, Canada Canada Headlines

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

MPTC to sign major Indonesian investment this weekDefining the News
Source: MlaStandard - 🏆 20. / 55 Read more »