27 Aug SE Asia Stocks-Philippines recovers on property stocks; others tepid
Philippine stocks rose over 1% on
Wednesday, recovering from the previous session’s sharp fall on
hopes of positive news from President Rodrigo Duterte’s visit to
China, while other Southeast Asian markets were tepid amid
lingering trade war worries.
The benchmark Manila stock index closed 1.3% higher,
helped the real estate sector. It had declined 1.8% on T
Wednesday, recovering from the previous session’s sharp fall on
hopes of positive news from President Rodrigo Duterte’s visit to
China, while other Southeast Asian markets were tepid amid
lingering trade war worries.
The benchmark Manila stock index closed 1.3% higher,
helped the real estate sector. It had declined 1.8% on T
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