Duterte's lack of pandemic plan pushes down PH stocks

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The Philippine Stock Exchange index or PSEi settles below the 6,000 level as President Rodrigo Duterte skipped presenting a detailed recovery plan in his 5th State of the Nation Address. Read:

were among the most actively traded on Tuesday, with Ayala-led Globe Telecom losing 0.5% and hitting P2,000 apiece. Before the close, it sunk to a new 30-day low of P1,942 apiece.

Dennis Uy’s Dito CME Holdings, which was not subjected to Duterte’s tirades, went up by 3.4% to P2.75 apiece. Uy donated to Duterte's presidential campaign back in 2016.Maynilad Water Services parent Metro Pacific Investments Corporation saw its shares rise by 1.3% at the last minute, but not before hitting a new 30-day low of P2.91.ended the trading day flat after days of crashing, with its market capitalization hitting just over P6.6 billion.

 

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ang galing talaga......... galingan mo pa...... wala naman kaming napala

Instead of shutting it down, introduce new telecommunications to give them competitors to improve their services. Really hope they will improve it talaga

ctto

Below 6000? We know it's the start of the new decade but nobody said it's 2010 all over again

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 /  🏆 4. in JP

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