HSBC is keeping a neutral outlook for the Philippine stock market following a volatile ride that saw the benchmark index end 2018 in the red after record highs at the start of the year.

In a report on Tuesday, the banking giant said the Philippine equity market was the worst-performing in the region in 2018, with high inflation and high interest rates having hurt share prices.

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