Global Stock News

Asia’s Worst Share Market Just Got Another Jolt

post featured image

Asia’s Worst Share Market Just Got Another Jolt

(Bloomberg) — There seems to be no let-up in bad news for Philippine stocks — already the worst performers in Asia this year.Overseas investors dumped a net $138 million of local shares on Friday, the biggest single-day outflow in five years. While the outsized withdrawal likely resulted from one large stock transaction involving a foreign seller, market watchers say the selloff could worsen. Thats after poor containment measures contributed to the Philippines last week surpassing Indonesia as…

Click here to view the original article.

Share this article

Scroll to Top