World Trade Factory™

STOCKS: PSEi opens week lower on caution, peso weakness

STOCKS: PSEi opens week lower on caution, peso weakness

Local shares opened the week in negative territory as caution held back investor activity amid both external and domestic pressures. A research manager said the local currency’s weakness against the US also weighed on sentiment. Attractive valuations may draw selective accumulation ahead of confidence-boosting catalysts, a brokerage official said. But for now, “Cautious sentiment persisted, [...]The post STOCKS: PSEi opens week lower on caution, peso weakness appeared first on Malaya Business Insight.

Read Full Article →

📱 Tip: Tap the 🔗 Share icon in Safari and choose Add to Home Screen to install World Trade Factory.