1 month Bourse dips on tensions in Hong Kong, Argentina Manilatimes |Biz
THE stock market closed in the red territory on Tuesday as political tensions in Hong Kong and Argentina soured investor sentiment. The benchmark Philippine Stock Exchange index dipped by 0.84 percent or 65.94 points to finish at 7,788.45, while the wider All Shares slid by 0.88 percent or 41.89 points to 4,742.22. “Riots in Hong Kong have escalated, with protesters flooding the [Hong Kong International Airport], causing a major shutdown,” AAA Equities Head of Research Christopher Mangun said.
The ongoing protests in the former British colony and regional economic hub prompted airport authorities there to cancel all flights ... more