Philippine stocks followed Wall Street lower on Thursday while the benchmark index consolidated in the 7,000 level as foreign buying remained steady. By the closing bell, the Philippine Stock Exchange index (PSEi) sank 0.46 percent, or 32.85 points, to 7,062.01 while the broader All Shares index shed 0.16 percent, or 5.83 points, to 3,686.68. Negative sentiments overseas weighed on domestic stocks after all major US indices pulled back, led by the more than 600-point plunge by the Dow Jones Industrial Average. Local stock exchange data showed 1.87 billion shares valued at P7.03 billion changed hands while foreign investors made a net purchase of P506.66 million, similar to the p...
Keep on reading: PH shares tumble as Wall Street deals with losses
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Keep on reading: PH shares tumble as Wall Street deals with losses
from INQUIRER.net https://ift.tt/4jNgkBR
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