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PH FDI goes up by 3.9% or over $6-B as of end-August
PTVPhilippines
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1 year ago
PH FDI goes up by 3.9% or over $6-B as of end-August
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00:00
The local stock market dropped to 0.53% with the main index closing at 7,000.2 as the mining
00:08
sector declined due to falling gold prices. Trading was light with 548 billion shares
00:14
worth 3.84 billion pesos. The 14.5% drop in foreign direct investments or FDI in August,
00:23
along with weaker gold prices and concerns over potential US interest rate hikes, fueled
00:30
investor caution and contributed to the market downturn.
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