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Philippine stocks dip as central bank maintains interest rates amid economic uncertainties.
Philippine stocks are expected to remain cautious this week, with the PSEi closing slightly down on Friday due to the central bank's decision to keep interest rates unchanged.
Analysts predict a range trade between 5,800 and 6,200, as investors await fourth-quarter earnings and look for fresh catalysts amid ongoing economic challenges.
The lack of a rate cut and concerns over inflation and the US-China trade war contribute to the cautious sentiment.
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Las acciones filipinas bajan a medida que el banco central mantiene los tipos de interés en medio de incertidumbres económicas.