The benchmark Philippine Stock Exchange index last Friday finally snapped a run of week-on-week declines beginning the end of January. Its 6,607.17 close was 2 percent higher compared to a week earlier and also half a percent up from the start of year.The gain was attributed to an easing of concerns that other major banks could be in danger following the collapse of two US banks and Credit Suisse. Over the weekend, however, Deutsche Bank found its shares under pressure from jittery investors.
If it is able to hold its position at the said line, this will become its support while its next resistance would be at 6,800. On the other hand, failure to do so would bring the market back to its 6,400-6,600 trading range.'Online brokerage 2TradeAsia.com, meanwhile, urged investors to stay cautious of inflation-interest rate movements for the medium term as price growth drivers had yet to convincingly go down.
대한민국 최근 뉴스, 대한민국 헤드 라인
Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.
World stocks gyrate as bank contagion fears biteAnalysts do not see market volatility subsiding anytime soon amid turmoil in the banking sector.
더 많은 것을 읽으십시오 »
FDCP opens call for Filipino producers, audiovisual companies for Cannes Marché du Film 2023The Film Development Council of the Philippines announced that they would be selecting Filipino producers who will be included in the Producers Network, which will happen from May 17 to May 22 in Cannes, France. | HMallorcaINQ
더 많은 것을 읽으십시오 »