Philippine equities remain under pressure as a manufacturing relapse adds to growth worries on top of sticky inflation. The GCash parent Mynt's sizable IPO pricing stands out as a
Philippine equities remain under pressure as a manufacturing relapse adds to growth worries on top of sticky inflation. The GCash parent Mynt's sizable IPO pricing stands out as a rare positive, suggesting some appetite for local listings persists despite the soft tape. Meanwhile, the government is preparing aid for a potential strong El Niño, a reminder that weather risks sit alongside policy and growth concerns on the domestic radar.
Sources
Ezbrisk weighs each event against the market reaction and publishes a verdict with an overreaction reading. How the methodology works