Shares outlook for the week: Disappointing data seen spurring further declines

The stock market will likely keep trading lower as investors continue to digest last week’s growth and inflation surprises and the latest Bangko Sentral ng Pilipinas (BSP) rate hike. The benchmark Philippine Stock Exchange index (PSEi) is still up by 1.7 percent for the month, Eagle Equities, Inc. research head Christopher John Mangun noted, pointing [...]

The post Shares outlook for the week: Disappointing data seen spurring further declines appeared first on The Manila Times Online.