Philippine stocks are expected to trade sideways with a downward bias this week following the hawkish stance by the US Federal Reserve and as the peso stays above the 58 against the US dollar level.
“The PSEi remains range-bound around the 6,400 to 6,800 band, with macro downside risks preventing any propulsion towards the medium-term resistance of 6,800,” 2TradeAsia.com said.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer: