Bargain-hunting likely to lift PH stocks this week

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.

Nederland Laatste Nieuws, Nederland Headlines

Similar News:Je kunt ook nieuwsberichten lezen die vergelijkbaar zijn met deze die we uit andere nieuwsbronnen hebben verzameld.

Bargain-hunting could help buoy stock marketTHE stock market could see some lift from bargain-hunting this week, analysts said, but further declines cannot be ruled out given the peso's continued weakness and bearish investor sentiment.
Bron: TheManilaTimes - 🏆 2. / 92 Lees verder »

Philippine Stock Market Drops Amid Trump's Comments on ImportsPhilippine stock market fell Tuesday due to investor concerns over US president-elect Donald Trump's comments on increasing tariffs on imports from Mexico, Canada, and China. The peso also hit a low against the US dollar.
Bron: MlaStandard - 🏆 20. / 55 Lees verder »

PH stocks seen trading sideways this weekPhilippine stocks are expected to trade sideways this week on possible bargain-hunting, analysts said over the weekend. The main composite index traded
Bron: MlaStandard - 🏆 20. / 55 Lees verder »