Same global factors again upset the local stock market on Wednesday, sending back the Philippine shares below the 6,000-point level.
Jonathan Ravelas, chief market strategist of BDO Unibank Inc., said in a text message that the market’s inability to stay above the 6,000-point level triggered a sell off, still driven by the September US Federal Reserve tapering talks and concerns about Syria.
Already have an active account? Log in here.
Continue reading with one of these options:
Continue reading with one of these options:
Premium + Digital Edition
Ad-free access
P 80 per month
(billed annually at P 960)
- Unlimited ad-free access to website articles
- Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)
TRY FREE FOR 14 DAYS
See details
See details
If you have an active account, log in
here
.