Economy
Philippine stocks dip ahead of Q2 growth data; US-Iran tensions weigh
The Philippine Stock Exchange index (PSEi) edged lower as investors adopted a wait-and-see approach ahead of the release of the country's second-quarter economic growth data. Lingering uncertainties between the US and Iran also contributed to the pessimism, extending the PSEi's losing streak to three consecutive sessions.
This article requires PRO
This article is outside the free access window or is a special report. PRO unlocks it and the full archive.
Related articles
- PSEi Dips as Investors Await GDP Data Amid Mideast Tensions
The Philippine Stock Exchange Index (PSEi) closed slightly lower as investors adopted a cautious stance ahead of the release of the country's economic growth data. Geopolitical tensions in the Middle East also weighed on market sentiment.