Philippine stocks closed lower for third straight trading day, with the benchmark index falling below the 6,700 level, as November inflation rate quickened to 2.5 percent from 2.3 percent the previous month.
The 30-company Philippine Stock Exchange index declined 39.19 points, or 0.58 percent, to close at 6,690.77, while the wider all-shares index went down 15.59 points, or 0.41 percent, to settle at 3,776.89.
Meanwhile, the peso jumped to 57.88 against...
Philippine stocks closed lower for third straight trading day, with the benchmark index falling below the 6,700 level, as November inflation rate quickened to 2.5 percent from 2.3 percent the previous month.
The 30-company Philippine Stock Exchange index declined 39.19 points, or 0.58 percent, to close at 6,690.77, while the wider all-shares index went down 15.59 points, or 0.41 percent, to settle at 3,776.89.
Meanwhile, the peso jumped to 57.88 against...
Local shares declined for third straight trading day as US stocks dropped overnight after US’ personal consumption expenditure (PCE) report revealed a slight month-over-month...
Philippine stocks fell by more than 100 points Wednesday, while the peso bounced back after hitting the record low on Tuesday.
The bellwether Philippine Stock...
Philippine stocks rose Monday, but the peso slumped to near record low amid the worsening domestic political noise.
The Philippine Stock Exchange index jumped 98.82...
