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On Friday, Philippines stocks went down after the close because losses in the Holding Firms, Services as well as Banking & Financials sectors suppressed stocks.
The PSEi Composite headed south 1.64%.
On the PSEi Composite the best performers were represented by such benchmarks as First Gen Corp, Alliance Global Group Inc and Metropolitan Bank and Trust Co. They rallied respectively 1.81%, 0.38% and 0.33%.
Meanwhile, the worst performance was demonstrated by Bank of the Philippine Islands, Aboitiz Power Corp and Aboitiz Equity Ventures Inc. They inched down respectively 4.16%, 4.14% and 4.00%.
Diving equities supplanted growing ones on the Philippines Stock Exchange by 107 to 77, while 59 were intact.
The currency pair CNY/PHP headed south 0.62% being worth 7.7207, USD/PHP inched down 0.47% trading at 51.180.
The US Dollar Index Futures gained 0.10% showing an outcome of 94.71.
Meanwhile, December delivery gold futures lost 0.11% trading at $1276.74 a troy ounce.
On Wednesday, American stock index futures headed south because dismal data out of China affected market sentiment, while traders waited for more developments related to the US-China trade conflict…
On Wednesday, Italian stocks led losses in the European Union right after the country's deputy prime minister told that Rome considers breaking EU fiscal rules, thus masking early revenue powered by optimism around the US-China trade conflict…
On Tuesday, another US-China tariff conflict escalation put pressure on Asian stocks, although remarks from American leader that he expects trade talks to be successful backed market sentiment…
In July, Britain's inflation rate rallied for the first time in 2018, thus leaving many UK households feeling quite squeezed by prices, soaring at nearly the same tempo as their wages…
On Friday, the evergreen buck rallied versus its counterparts after data disclosed that the American economy generated more jobs than anticipated In October, thus backing the Fed’s case to proceed with gradual rate lifts…
On Monday, gold declined because the evergreen buck managed to gain early traction, thus putting pressure on the most popular precious commodity, which has been sticking with the year’s minimums…
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