Stock market to continue recovery 14 SHARES Share it! Share TweetBy James A. LoyolaThe local stock market is seen to continue strengthening this week and may even be off to an early start for its traditional Christmas rally. As with most periods of recovery for the market, blue-chips are seen to lead the way since a lot of these have already dropped to bargain levels. Decreasing oil prices means lower inflation coupled with an appreciating currency will bring investors back into this market and push the index higher,” he noted. “However with western market starting to correct after hitting historic highs this year, there is a possibility that we may start seeing foreign money flow back into our market which will fuel the rally,” he said.
Source: Manila Bulletin November 25, 2018 13:52 UTC