Philippine stock market bounces back after bout of profit-taking

PTVPhilippines

Philippine stock market bounces back after bout of profit-taking   For more news, visit:  ►https://www.ptvnews.ph/  Subscribe to our DailyMotion Channel: ►http://www.dailymotion.com/peoples-television-incorporated  Subscribe to our YouTube channel: ►http://www.youtube.com/ptvphilippines  Like our Facebook pages: ►PTV: http://facebook.com/PTVph  ►Rise and Shine Pilipinas: https://www.facebook.com/riseandshinepilipinas  Follow us on Twitter:  ►http://twitter.com/PTVph  Follow us on Instagram: ►https://www.instagram.com/ptvph  Watch our livestream on:  ►http://ptvnews.ph/livestream/ ►https://www.dailymotion.com/PTVPhilippines  Watch our News Programs, every Mondays to Fridays  Rise and Shine Pilipinas - 6:00 - 8:00 am Bagong Pilipinas Ngayon - 12:00 - 1:00 pm Sentro Balita - 1:00 pm - 2:00 pm Ulat Bayan - 6:00 pm - 7:00 pm PTV News Tonight -  9:30 pm - 10:30 pm  Saturday & Sunday: ►Ulat Bayan Weekend - 6:15 pm - 7:00 pm

Transcript

00:00The local stock market rebounded with the main index rising 96.12 points or 1.31% to

00:08close at more than 7,000 led by banks.

00:12Trading volume reached 1.18 billion shares worth 12.53 billion pesos.

00:19This recovery follows the Asian Development Bank's positive GDP growth forecast for the

00:25projecting 6% for the 2024 and 6.2% for 2025, easing inflation and expected policy changes

00:34that could boost domestic demand, contribute to a favorable economic outlook, enhancing

00:40investor confidence.

Category

Transcript

Recommended