Manila Times Business
Global cues, policy signals to drive investor sentiment
THE stock market could take a breather this week as investors weigh developments in the Middle East against lingering inflation pressures and a still-restrictive monetary policy environment. The Philippine Stock Exchange index (PSEi) closed Friday at 6,135.35, up 3.81 percent week-on-week, holding above its established 5,800 to 6,150 consolidation range. Sentiment had improved as a US-Iran peace deal helped stabilize global oil prices and supported risk appetite, but this could change after Iran
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Source: manilatimes.net
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