Philippine stocks have slid for five straight sessions, with a manufacturing relapse adding to existing growth and inflation worries. The peso has strengthened during the slump, a
Philippine stocks have slid for five straight sessions, with a manufacturing relapse adding to existing growth and inflation worries. The peso has strengthened during the slump, a currency move that cuts both ways for exporters and import costs. Attention also sits on politics, as frozen accounts tied to a plunder case and disputed foreign funding claims add noise, while the GCash parent Mynt's finalized IPO pricing remains the bright spot for local listings.
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