Tag page - Juan Paolo Colet

While the local stock market has been on a steady decline - down to its lowest level in nine months -- analysts do not see much relief as investor sentiment has turned bearish due to a confluence of negative factors. “The local market closed last week at 6,290.27, its lowest close since November...

The local stock market fell after the government reported slower economic growth for the second quarter of 2023.  The main index lost 80.79 points or 1.24 percent to close at 6,449.66 as the Mining and Oil counter led all sectors in the retreat. Volume was still weak at 513 million shares...