PSEi declines to 6,179 ANC
Philippine shares decline further on Wednesday to close at the 6,100 level.
COL Financial’s Adrian Yu says it might be time to revisit estimates of the PSEI above the 7,000 level by the year-end, citing the country’s lower GDP growth and China’s economic slowdown. But he adds, there’s no reason to panic just yet.
COL Financial’s Adrian Yu says it might be time to revisit estimates of the PSEI above the 7,000 level by the year-end, citing the country’s lower GDP growth and China’s economic slowdown. But he adds, there’s no reason to panic just yet.
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