News Formal

Stocks trade higher ahead of US jobs report

  • 📰 MlaStandard
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 55%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

Philippine stocks traded higher on the last trading day of the week ahead of key jobs report from the United

The 30-company Philippine Stock Exchange index inched up 5.81 points, or 0.09 percent, to close at 6,181.06, while the broader all-shares index rose 7.19 points to finish at 3,341.97.

Regina Capital Development Corp. head of sales Luis Limlingan said investors were awaiting the August employment data, as a sharp fall in job openings could increase the likelihood of US Federal Reserve implementing a rate hike pause. “Traders are holding onto hope that the report will indicate that the economy is slowing meaningfully and ultimately give the Fed reason to pause benchmark interest rate hikes,” Limlingan said.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 20. in FR
 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Stocks extend gains on bargain huntingPhilippine stocks extended their gains Wednesday on bargain hunting and strong performance of US equities. The 30-company Philippine Stock Exchange
La source: MlaStandard - 🏆 20. / 55 Lire la suite »

Stocks rise on bargain hunting, US dataPhilippine stocks extended their gains Wednesday on bargain hunting and strong performance of US equities. The 30-company Philippine Stock Exchange
La source: MlaStandard - 🏆 20. / 55 Lire la suite »