FURTHER stock market declines are likely following last week’s plunge, analysts said, with investors said to be looking to limit their losses with the Philippine Stock Exchange index (PSEi) already in bear territory.
The benchmark index touched the 6,900 level on Friday but managed to trim its losses to close at 7,063.20, down 0.49 percent or 34.95 points from the previous day but also 22.02 percent lower from its January 29 record peak of 9,058.62.
Already have an active account? Log in here.
Continue reading with one of these options:
Continue reading with one of these options:
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
If you have an active account, log in
here
.