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KM Financial Solutions | SE Asia Stocks-Philippine shares slump 2 pct, move further into bear territory
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SE Asia Stocks-Philippine shares slump 2 pct, move further into bear territory

20 Jun SE Asia Stocks-Philippine shares slump 2 pct, move further into bear territory

Posted at 04:55h in News by
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* Philippine shares hit lowest in nearly 18 months
* Malaysian shares down for ninth straight session

By Nicole Pinto
June 21 (Reuters) – Philippine shares slumped 2 percent on
Thursday and moved further into bear territory on persistent
foreign investor selling, largely sparked by a weak peso which
hit a 12-year low earlier this week.
The Philippine Stock Exchange PSEI Index hit its
lowest since January 2017, shedding over 20 percent from a
record high of 9,078.37 touched o

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