By Sheldeen Joy Talavera, Reporter
THE MAIN INDEX could retest the 7,400 mark this week as the market awaits the Bangko Sentral ng Pilipinas’ (BSP) policy meeting on Wednesday, with a rate cut expected to boost sentiment.
On Friday, the bellwether Philippine Stock Exchange index (PSEi) dropped by 1.36% or 101.15 points to end at 7,310.32, while the broader all shares index shed 0.55% or 22.36 points to close at 4,015.16.
Support authors and subscribe to content
This is premium stuff. Subscribe to read the entire article.