The Philippine Stock Exchange index (PSEi) went down to the 6,200-point mark at the start of the week, but analysts said that the market is still not in bear territory.

Summit Securities President Harry Liu said in a text message that the market made another decline because it is “soft,” having been affected by the recent destruction brought by Super Typhoon Yolanda.

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