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On Monday, Philippines stocks edged down after the close because losses in the Services, Banking & Financials as well as Mining & Oil sectors suppressed stocks.
The PSEi Composite sagged 0.73% hitting a fresh 1-month minimum.
On the PSEi Composite the best performers included First Gen Corp, Energy Development Corp and Universal Robina Corp. They jumped respectively 4.82%, 1.83% and 0.76%.
Meanwhile, the worst performers were represented by International Container Terminal Services Inc, Petron Corp and Globe Telecom Inc. They went down respectively 3.29%, 2.60% and 2.56%.
Diving equities outperformed rallying ones on the Philippines Stock Exchange by 119 to 67, while 55 were intact.
The currency pair CNY/PHP managed to grow 0.78% showing an outcome of 7.6585. At the same time the currency pair USD/PHP edged up 0.85% being worth 50.685.
As for the US Dollar Index Futures, it tacked on 0.31% trading at 93.10.
On Tuesday, American futures declined by 1% because a technology rout in the previous trading marathon provoked by fears over iPhone sales affected investors' appetite for high-surge companies…
On Tuesday, European equities went down, with financial institutions weighing a lot on fears about decelerating economic surge, Italy’s budget, receding earnings momentum, to say nothing of a lower probability of rate lifts in the EU in 2019…
On Tuesday, Asian equities declined, extending steep losses on Wall Street because technology companies bore the brunt of fears about decreasing demand, while the evergreen buck dipped after poor American data further affected confidence in the US dollar…
Safe havens such as gold and Japanese yen declined as investors sentiment was boosted by eased geopolitical tensions…
On Tuesday, the euro tacked on because market participants waited for reports on inflation and growth in the euro zone, while the Japanese yen went down after Japan’s major bank told it would be more flexible in its huge stimulus program…
On Tuesday, the evergreen buck dived because the common currency bounced off and the UK pound managed to ascend to the day’s maximums reacting to reports that British Prime Minister Theresa May is going to take control of Brexit talks…
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