Philippine shares fell in Thursday morning trade in line with the global markets’ reaction to the US Federal Reserve move to raise its key rates by 25 basis points, and to Fed hints that more hikes are in store for next year as the US economy gains further growth momentum.
As of the midday break, the Philippine Stock Exchange index (PSEi) was down 1.08 percent or 74.48 points at 6,853.86.
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
.