Buying windows emerge in market 25 SHARES Share it! “The latest softness presents good windows for seasoned investors who believe on the Philippines’ historical ability to overcome sentiment troughs,” said online brokerage firm 2TradeAsia.com. Eagle Equities Head of Research Christopher Mangun said local investors have picked up the slack and prevent a bloodbath as foreign investors are selling. The bottom line is that the market is moving away from relying on foreign funds,” he said. Mangun added that, “the market may take a little longer to climb as it absorbs all this foreign selling but eventually it will stop.
Source: Manila Bulletin September 16, 2018 13:52 UTC