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Bargain-hunting likely to lift PH stocks this week

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Philippine stocks are expected to rebound this week after the last week’s decline as investors await the latest inflation report. The Philippine

Philippine stocks are expected to rebound this week after the last week’s decline as investors await the latest inflation report.- Advertisement -

The BSP said last week consumer goods and services prices may have risen within the 2.2 percent to 3 percent range in November from 2.3 percent in October. “However, we also expect lingering concerns to continue weighing on sentiment. These include first, US president-elect Donald Trump’s planned protectionist policies and its impact on global economic prospects, as well as the uncertainties on the Federal Reserve’s policy outlook,” Tantiangco said.

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