BusinessWorld Online·3 min read·medium

Worsening Iran conflict to weigh on PHL shares

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Worsening Iran conflict to weigh on PHL shares
AI Summary

Philippine stocks are facing downward pressure due to rising geopolitical tensions in the Middle East and concerns over inflation. Investors are also reacting to a new US tariff on Philippine goods linked to forced labor concerns.

PHILIPPINE STOCKS may stay under pressure this week as investors weigh rising geopolitical and inflation risks and monitor President Ferdinand R. Marcos, Jr.’s State of the Nation Address.

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