Mostly edge up; Manila underperforms amid China growth woes | Reuters

April 15, 2015 8:40 AM

52 0

April 15 (Reuters) - Most Southeast Asian stock markets edged up on Wednesday, but Philippine shares underperformed the region falling to a near three-week low as investors awaited some strong cues after growth in China slowed to a six-year low in the first quarter.

The Philippine stock index, which gained 1.7 percent last week to an all-time peak of 8,134.38 points, fell 1.9 percent to touch 7,859.60, its lowest since March 27, in early trade. Property shares Ayala Land and SM Prime Holdings dragged the overall index. Ayala was down 2.8 percent and SM lost 3.1...

Also read: Get restaurant gift cards with an added bonus

Read more

To category page

Loading...