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...
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