Citi: Fluctuations in Philippine stocks will widen due to US elections.

On July 23, Morgan Stanley stated in a report that the Fluctuation in the Philippine stock market will continue in the second half of this year, partly due to the uncertainty surrounding the US election and trade policies. Strategist Jeanette Yutan wrote in the report that the stock market in the Philippines is very fragile due to the “stubborn” fiscal deficit, and the stock risk premium remains high. “Investors are still uninterested” because of “poor Liquidity and high uncertainty”.

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