Investors seen waiting for Fed meeting results

By The Manila Times

Jul 29, 2024 12:27 am

THE stock market could see a lift at the start of the week before investors settle down to await the outcome of a US Federal Reserve policy meeting, analysts said.

The Philippine Stock Exchange index (PSEi) rebounded last Friday in a week where trading was suspended for a day by heavy rains and floods, but the 6,726.01 close was still 0.97 percent down week on week.

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

Q3 growth likely slower – analysts

Inflation forecast to have hit 2.3%

US events, local data to drive PSEi direction

Big week looms for global markets

Gov't tallying crop insurance payouts

GOCC subsidies down in Sept. from a year ago

Making the case for more incentives