PH stocks, peso decline on lower foreign investments

  • 📰 MlaStandard
  • ⏱ Reading Time:
  • 35 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 55%

Portugal Notícia Notícia

Portugal Últimas Notícias,Portugal Manchetes

The Philippine stock market opened the week in the negative territory, as the Bangko Sentral ng Pilipinas (BSP) reported a decline in net inflows of

The Philippine stock market opened the week in the negative territory, as the Bangko Sentral ng Pilipinas reported a decline in net inflows of foreign direct investments .

“We are shifting our overweight allocation to equities as we anticipate more upside potential despite expected interest rate cuts by the Banko Sentral ng Pilipinas and the US Federal Reserve,” Wealth Insights said. Meanwhile, most Asian markets fell Monday after China’s keenly awaited plans to support the world’s number two economy fell short of expectations, while traders were also keeping tabs on Washington as Donald Trump puts his cabinet together after last week’s election win.

Authorities in late September began unveiling a raft of policies aimed at reigniting the economy, which has failed to fire since the lifting of tough Covid-fighting rules at the end of 2022.

Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 20. in PT
 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.

Portugal Últimas Notícias, Portugal Manchetes