Stocks bounce on bargain hunting

The Philippine Stock Exchange Index bounced back as investors picked up bargains on news that COVID-19 cases in the National Capital Region seems to be easing.

“The local bourse bounced back after two consecutive days of decline on the back of bargain hunting,” sa Phi Financial Senior Supervisor for Re Japhet Tantiangco. Tantiangco pointed out though that the lower trading volume “shows that many investors are still staying out of the market while waiting for the COVID-19 uncertainties to clear.”

ایران آخرین اخبار, ایران سرفصلها

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Haus Talk closes up 6% in Philippines’ first stock market debut for 2022Property developer Haus Talk Inc. (HTI) made a successful debut on the Philippine Stock Exchange on Monday, with its shares closing up by more than 6% the maiden offer price.
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Stocks start the week lowerThe local stock market ended lower on the lack of good news even as local COVID cases continue to rise to record levels.
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