Country: PH | Published: 2026-09-21
Philippine shares slid further as Middle East tensions and peso weakness weighed on sentiment, with oil and currency headwinds front and center for investors. On the policy side, t
Philippine shares slid further as Middle East tensions and peso weakness weighed on sentiment, with oil and currency headwinds front and center for investors. On the policy side, the Senate set up a committee to address the economic slowdown and rising living costs, adding a domestic response to the external pressures. Corporate news offered a counterpoint, with a major conglomerate drawing increased stake-taking and a closely watched fintech IPO in the spotlight, even as protest rallies marking the martial law anniversary kept governance concerns in the sentiment mix.