SE Asia Stocks-Philippines drops to over 3-week low; most other markets fall
Philippine stocks closed at their lowest
in over three weeks on Friday as investors pulled out cash to
invest in an influx of new listings, while most other regional
markets inched lower as dismal China data fanned concerns about
slowing growth.
Movement in the Philippine’s benchmark had been muted for
most of the week,
in over three weeks on Friday as investors pulled out cash to
invest in an influx of new listings, while most other regional
markets inched lower as dismal China data fanned concerns about
slowing growth.
Movement in the Philippine’s benchmark had been muted for
most of the week,
Posted by Reuters
