PH Stocks Crash on QE News

Makati—(PHStocks)—Philippine stocks took a beating Thursday, 20 June, as investors over-reacted to news about the US Fed’s plans for its ongoing quantitative easing (QE) program. The Philippine Stock Exchange (PSE) index fell by 2.86% or 186.53pts to close today’s trading at 6,326.67 – wiping its gains during the last rally. The rest of the markets […]
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