News Formal

Stocks end week of daily losses

  • 📰 manilabulletin
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 51%

日本 ニュース ニュース

日本 最新ニュース,日本 見出し

The local stock market ended a whole week of losses due to the prospect of more US Fed rate hikes. ManilaBulletin

The main index shed 11.36 points or 0.18 percent to close at 6,393.55 although sectoral indices were evenly split. Volume fell to 537 million shares worth P3.32 billion as gainers outpaced losers 103 to 89 with 41 unchanged.

“Philippine shares were sold on news as investors digested further the implications of the recent statements of the Fed,” said Regina Capital Development Corporation Managing Director Luis Limlingan.Philstocks Financial Research Manager Japhet Tantiangco said “The local market extended its losses to a fifth straight day as investors continue to worry over the global economy following the hawkish remarks of Federal Reserve Chairman Jerome Powell, signaling 2 more possible rate hikes.

“Further rate hikes by the Fed may weaken the US economy which in turn would heavily weigh on the global economy,” he noted

このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 25. in JP
 

コメントありがとうございます。コメントは審査後に公開されます。

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Stocks drop on Fed signals, junk food taxThe local stock market continued to weaken as US bourses dropped in reaction to recent comments by Fed Chairman Jerome Powell. | ManilaBulletin
ソース: manilabulletin - 🏆 25. / 51 続きを読む »

US stocks fall for third straight dayNEW YORK, United States- Wall Street stocks fell for a third straight session Wednesday as markets digest gains from earlier in 2023 and take in hawkish Federal Reserve commentary.
ソース: manilabulletin - 🏆 25. / 51 続きを読む »

Asia stocks subdued after Powell testimony fails to surpriseSINGAPORE - Asian shares made a tentative start to Thursday after Federal Reserve chair Jerome Powell stuck to his recent hawkish tone as investors assess the future rate policy path from the
ソース: inquirerdotnet - 🏆 3. / 86 続きを読む »

DOH assures stocks of antiretroviral drugs for HIV enough until April 2024The Department of Health (DOH) assured on Thursday, June 22, that the current and the incoming antiretroviral stocks will be enough to cover the HIV treatment facilities until April 2024. | ManilaBulletin READ:
ソース: manilabulletin - 🏆 25. / 51 続きを読む »