Philippine stocks touched their lowest levels of 2026 as rising US yields drew capital away from emerging markets, with inflation risks clouding the outlook even as holiday spendin
Philippine stocks touched their lowest levels of 2026 as rising US yields drew capital away from emerging markets, with inflation risks clouding the outlook even as holiday spending offers some support for fourth quarter growth. Manila deployed its largest ship and aircraft to drive away a Chinese vessel near Taiwan, keeping geopolitical tension in view. Local equity appetite still shows signs of life, with the GCash owner Mynt pricing its IPO and Tubig Pilipinas lining up a sizable follow on share offer.
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