SE Asia Stocks-Philippines hits 2-week low on Jollibee Foods; most others edge higher
Philippine shares hit a two-week low on
Thursday, dragged by sharp losses in fast-food giant Jollibee
Foods Corp, while most other Southeast Asian markets
inched higher ahead of a key European Central Bank meeting later
in the day.
Jollibee declined as much as 8%, wiping out $850 million in
market value in t
Thursday, dragged by sharp losses in fast-food giant Jollibee
Foods Corp, while most other Southeast Asian markets
inched higher ahead of a key European Central Bank meeting later
in the day.
Jollibee declined as much as 8%, wiping out $850 million in
market value in t
Posted by Reuters