Stocks slide on bargain hunting

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The local stock market halted its slide after bargain hunters started picking up cheaper stocks.

The main index added 25.07 points or 0.38 percent to close at

“Philippine shares bounced back amid lighter trading volumes as investors awaited more guidance from Fed Chair Jerome Powell on the central bank’s tightening stance,” said Regina Capital Development Corporation Managing Director Luis Limlingan.

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 /  🏆 25. in İE
 

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Sugar, rice stocks not smuggled, says Caloocan warehouse officer“Hindi tayo nagho-hoard ng asukal. Ito is for industrial use kaya sya nandidito kasi mayroon na siyang purchase order. Hindi lang mai-deliver agad kasi walang ganitong kalaking bodega or warehouse yung mga nag-purchase sa atin,” administrative officer Mary Joy Santos said. Yown!!! Wala pang double checking from legit source tas nag claim na agad si opsgovph na smuggled na. Galing noh?!?👏👏👏
Source: gmanews - 🏆 11. / 68 Read more »