Country: PH | Published: 2026-09-18
Philippine stocks gave back ground while the peso steadied after sliding to a fresh low against the dollar following the US central bank's latest rate hike, keeping pressure on the
Philippine stocks gave back ground while the peso steadied after sliding to a fresh low against the dollar following the US central bank's latest rate hike, keeping pressure on the currency front. The equity tape reflects a tug of war between bargain hunting after the recent slide and lingering worries over rates and oil costs. Off the trading floor, headlines on chicken import plans and local political noise dominated, with no clear price impact visible yet.