THE stock market ended in the red for the second straight day on Tuesday, slipping out of the 7,500 territory after the International Monetary Fund (IMF) lowered its growth forecasts for the country and four of its regional neighbors and amid continued uncertainties caused by the government’s perceived crackdown on some of the country’s top corporations.
The benchmark Philippine Stock Exchange index (PSEi) slid by 1.14 percent or 85.95 points to close at 7,466.65, while the wider All Shares fell 0.88 percent or 39.56 points to end at 4,434.71.
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
.