Philippine stocks are expected to stage a technical rebound this week on potential bargain-hunting after last week’s slump.
He said, however, this rebound might not be sustainable and could only be expected over the near-term given the lingering concerns, including the heightened tension in the Middle East and the delay in interest rate cuts. The daily turnover averaged P6.1 billion, while the average net foreign selling reached P657 million.
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Source: MlaStandard - 🏆 20. / 55 Read more »