Philippine shares on Tuesday ended its five-day run-up after investors failed to grasp for fresh leads, leaving the market even more sensitive toward external developments.

“Market remains vulnerable to external movements as concerns of taper [by the US Federal Reserve] and slowdown in growth rates keep investors’ sentiment low,” Jonathan Ravelas, chief market strategist of BDO Unibank Inc., said in a text message.

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