Philippine stocks fall below 7,000 after Trump's win, fears over tariffs and slower growth.

Philippine stocks declined following Donald Trump's election victory, with the Philippine Stock Exchange Index falling below 7,000. This drop was due to investor caution over Trump's policy direction and slower economic growth in the Philippines. Experts warn that Trump's proposed tariffs could harm Philippine exports and lead to inflationary pressures. Despite robust corporate results, market volatility is expected to continue.

November 10, 2024
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