SINGAPORE, Aug 17 (Reuters): Philippine shares reversed early losses on Monday, but investors remained cautious ahead of a decision on whether to ease quarantine restrictions and over concerns that a substantial pick up in economic activity will take time.
Manila's benchmark stock index closed 0.1% lower after falling as much as 1.1% earlier in the day, as investors picked up beaten down blue-chip real estate stocks while the peso gained 0.2% against a broadly weaker US dollar.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!