Upcoming US economic data to impact sentiment

By Brix Lelis

Oct 09, 2023 12:37 am

THE Philippines' high September inflation result failed to faze stock market investors last Friday, but sentiment could be swayed with this week's release of data from the United States, analysts said.

The benchmark Philippine Stock Exchange index (PSEi) finished in the green and moved back up to the 6,200 level after falling for three days before the release of the inflation data. It, however, still fell by 0.97 percent week-on-week to 6,259.95.

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