On the other hand, the broader All Shares index was flat at 3,451.78, slightly up by 0.57 points or 0.02 percent.
Unicapital Securities said spillover sentiments from China's economic growth rate falling below expectations continued to put a drag on the market.
China's growth rate came in at 5.2 percent last year, below the 5.3 percent market expectations, which raised concerns over the world's biggest economy as a major trading partner of the Philippines.
Likewise, the Bangko Sentral ng Pilipinas' estimate for full year 2023 Philippine GDP growth was pegged at 5.8 percent, below the 6.5 to 7.5 percent target.
Bu hikaye The Philippine Star dergisinin January 20, 2024 sayısından alınmıştır.
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Bu hikaye The Philippine Star dergisinin January 20, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
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