Wednesday, September 28, 2011

Relief for PSEi with rebound expected

THE STOCK market is expected to rebound after the Philippine Stock Exchange index (PSEi) fell by over 4% on Monday, as other markets finished mostly in the green yesterday, analysts said.
This, as trading yesterday was suspended due to the lack of clearing facilities as typhoon Pedring shut down government offices.

Still, analysts warned that trading would remain volatile due to the unresolved euro zone debt crisis.

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