PSEi may fall to 5,000-5,500 level in next few months: Analyst

ABS-CBN News

Posted at Jun 25 2020 08:14 PM

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The Philippine Stock Exchange index may test the 5,000 to 5,500 support levels in the coming months due to the continuing impact of the COVID-19 pandemic on the economy, according to an analyst.

Miko Sayo of AP Securities also notes that in Southeast Asia, the Philippines is lagging behind its neighbors in implementing stimulus packages for the economy.