Country: PH | Published: 2026-09-22
Philippine stocks extended their slide as selling pressure persisted, with war concerns abroad weighing on sentiment and the peso slipping alongside. The domestic picture added a s
Philippine stocks extended their slide as selling pressure persisted, with war concerns abroad weighing on sentiment and the peso slipping alongside. The domestic picture added a softer growth angle, as analysts flagged that third-quarter recovery momentum may have been weaker than expected, keeping the country's outlook at risk. Rate expectations are also in focus, with talk of another possible hike adding to the cautious mood around local assets.