What’s causing the market to soften

What’s causing the market to soften … is the series of issues that brought about the sideline- attitude of investors, which include the Abu Sayyaf attack, the Davao bombing and threats, and the Asean go to of the President,” Harry Liu, president of Summit Securities Inc., said in a smartphone interview.

“But our basics haven’t modified. Our greenback is solid. Dollar reserves are all consistent. There aren’t any drastic changes.

“I suppose for the long term, we’re still very a good deal advantageous. Because the administration is making an attempt its quality to manipulate everything. And with the sound monetary basics, I suppose we’ll do well. It’s just a transient downtrend as of now,” Liu introduced.

More than 2.Forty five billion shares, valued at P9.99 billion, have been traded on Friday. Decliners outnumbered advancers, 109 to 88, at the same time as 45 problems had been unchanged.

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