Middle East tensions, inflation seen weighing on Philippine stocks

Middle East tensions, inflation seen weighing on Philippine stocks

The Philippine stock market is expected to remain cautious and bearish as investor sentiment stays tied to developments in the Middle East and the impact of the conflict on the domestic economy.“The local market is expected to move with a bearish bias this week as it deals with the Philippines’ challenging economic outlook. The market is also expected to continue monitoring the developments between the United States (US) and Iran,” said Philstoc…