Bargain-hunting could help buoy stock market

By Earl John Alfaro

Nov 18, 2024 12:20 am

SHARES OUTLOOK FOR THE WEEK

THE stock market could see some lift from bargain-hunting this week, analysts said, but further declines cannot be ruled out given the peso's continued weakness and bearish investor sentiment.

The benchmark Philippine Stock Exchange index (PSEi) snapped a seven-day selloff on Friday but still ended down 4.3 percent week on week at 6,676.65.

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

SHARES OUTLOOK FOR THE WEEK

Related Articles

BSP lowers key rates

Fed cuts rates but sees fewer in 2025

Peso again hits P59:$1; PSEi down for 7th day

BOI approves record P1.62T in investments

BOP shortfall surges to $2.3B

Crackdown vs profiteers eyed by Agriculture chief

DTI: Hungarian firms keen on investing in PH