News Formal

Stocks plunge on higher inflation

  • 📰 MlaStandard
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 55%

Indonesia Berita Berita

Indonesia Berita Terbaru,Indonesia Berita utama

The 30-company Philippine Stock Exchange Index fell by 119.60 points, or 1.9 percent, to close at 6,178.60 on October 5, 2023.

The local stock barometer sank by more than 100 points Thursday after the Philippine Statistics Authority reported that inflation rate picked up to a four-month high in September.

“The unexpectedly high September inflation print poured cold water on investor sentiment and sank the index to its slowest in over a week,” China Banking Corp. managing director Juan Paolo Colet said.

Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

 /  🏆 20. in İD
 

Terima kasih atas komentar Anda. Komentar Anda akan dipublikasikan setelah ditinjau.

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

Stocks fall ahead of inflation reportPhilippine stocks fell Wednesday ahead of the release of the September inflation rate. The 30-company Philippine Stock Exchange index lost
Sumber: MlaStandard - 🏆 20. / 55 Baca lebih lajut »