July 6, 2015

Stock Risk Inched Amidst Greek Crisis

Photo by pexels from plixs.com, Public Domain License CC0 1.0
Photo by pexels from plixs.com, Public Domain License CC0 1.0 


Philippines stocks fall amidst Greek financial crisis. PSEi closed down by 1.06%, July 6; all sectors down.

Philippine Economist Stock Risk Index (PESRi) recorded .19% hike in the risk which could be attributed rapidly falling stock prices as investors became cautious. As international economic problems loom, it is uncertain if majority of the stocks would gain tomorrow. Yet, there are many reasons to be optimistic as Philippines is far away from Greece and government construction projects is seeing movement along the pipeline.

PESRi is projected to increase, on average, by .07% in the next days.


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