PSEi wipes out gains as foreigners exit

PSEi wipes out gains as foreigners exit

[Inquirer.net] - 12/17/2024

The benchmark stocks index wiped out all its recent gains as foreigners exited the local bourse in an effort to hedge risks before the monetary policy meetings of central banks. The Philippine Stock Exchange Index (PSEi) barely held on to 6,500 and ended in a bloodbath as it tumbled by 1.72 (…)



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