Stocks fall ahead of long weekend

  • 📰 manilabulletin
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 51%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

The local stock market fell as investors cashed out ahead of the uncertainties that shroud the long weekend.The main index dropped 102.46 points or 1.57 percent to close at 6,443.

09 as share prices fell across the board.

“Philippine shares closed the last trading day of the quarter in the red as shares came under pressure again across the region after the 10-yr US Treasury yield touched its highest level since Jan 2020,” said Regina Capital Development Corporation Managing Director Luis Limlingan. Philstocks Financial Senior Analyst Japhet Tantiangco said “The local bourse plunged further as investors liquidated positions ahead of the upcoming holidays.”

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 25. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

US stocks rise to new records despite weak jobs reportBad economic news was once again greeted with cheers on Wall Street as two top indexes closed out the week in record territory. EternityPreparedness 지옥은 정말 무서운 곳입니다 절대 가면 안됩니다 지금 이 시간 예수님을 영접하고 죄로부터 돌이키십시오 죽음뒤에는 결정할 수 없지만 아직 살아있는 이 시간 기회가 있습니다
Source: CNN Philippines - 🏆 13. / 63 Read more »

Stocks cheer prospects for low rates as oil jumps on pipeline outageWorld stocks ticked up to new peaks on bets interest rates will remain low and the economy continue its recovery as oil prices jump high.
Source: inquirerdotnet - 🏆 3. / 86 Read more »

Philippine stocks: Gainers, losers, market-moving news – May 2021
Source: rapplerdotcom - 🏆 4. / 86 Read more »

Nasdaq tumbles as investors dump tech megacaps I Stocks and numbersThe Nasdaq index fell more than 2% on Tuesday as steep declines in megacap growth stocks led Wall Street below record trading levels.
Source: inquirerdotnet - 🏆 3. / 86 Read more »

More small investors turn to stocks to make moneyRetail investors have become a force to contend with in the local stock market, making up for the slack in foreign investor interest during the prolonged COVID-19 pandemic. | Philbizwatcher
Source: inquirerdotnet - 🏆 3. / 86 Read more »

Philippine stocks: Gainers, losers, market-moving news – April 2021
Source: rapplerdotcom - 🏆 4. / 86 Read more »