Stocks to track Covid developments

By Faye Almazan

Aug 23, 2021 12:41 am

The local bourse is still expected to track the developments in Covid-19 situation for this trading week, as continuous rise in local virus cases could slump the main index.

Last week, the Philippine Stock Exchange index (PSEi) declined by 1.27 percent or 85.29 points to close at its intraday low of 6,633.22 on Friday as investors booked profits after the market climbed for four consecutive days.

Already have an active account? Log in here to continue reading.
Or
Subscribe to the Premium Subscription plan to access this subscriber-exclusive article.

Related Articles

Govt urged to adopt 'vital' reforms

Globe's Cu to leave in April 2025

GIC, Macquarie eyeing sale of $2-B EDC stake

IMF retains PH growth forecasts

IMF predicts slightly slower global growth

Forex trading halted; PSEi retreats

PEZA approves 198 new projects worth P123.71B