The Philippine benchmark stock index fell hard on Monday, to 5,900 points, but analysts remained optimistic, attributing the drop to foreign selling and correction.

The pressure from the foreign front was triggered by news that the Federal Reserve will start easing its bond-buying program and may end it in 2014.

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