If foreigners’ contribution to the marketplace remains regular at 50 percent, their buy-and-promote transactions do have an effect on the indices and the percentage fees they represent. Lately, their selling spree has been weighing down the Philippine Stock Exchange index (PSEi), that is the benchmark of the marketplace’s general performance.
As foreigners preserve to dump their holdings, sooner or may be later, maximum of them might be out of the Philippine market, if no longer for top, but optimistically simplest briefly. No one knows how lengthy the exodus could take.
PSEI’s 291.73-factor drop
Duediligencer isn’t always in a role to conclude that the flight of overseas cash from the stock market resulted from the government’s anti-US policy stance. Neither would it not negatively interpret the facts collated by means of the PSE research and analyst institution.
Money line blog 