Philippine Daily Inquirer
11:23 pm | Sunday, October 16th, 2011
MANILA, Philippines—The local stock market may post losses this week on concerns over the US and European economies, but the upcoming third-quarter earnings season and continued bargain hunting for still-undervalued shares may provide some support.
The Philippine Stock Exchange Index (PSEi) rode a six-day rally last week to close at 4,153.40 on Friday, up 3.6 percent from the week before.
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