THE stock market remains susceptible to selloffs this week as trade tensions between the United States and China continue to worsen, according to an analyst.
In a comment over the weekend, Eagle Equities Inc. research head Christopher Mangun said the local market “is not out of the woods yet,” despite Friday’s market rally, caused by the central bank’s policymaking Monetary Board’s decision to cut banks’ reserve requirement ratio (RRR) by 200 basis points.
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