Inflation fears keeping PSEi from hitting 7,000

After failing to breach the 7,000 barrier yet again, the Philippine Stock Exchange Index (PSEi) may see some consolidation as investors remained wary of inflation both on the local and global fronts. The benchmark index swung between the 6,800 and 6,900 levels last week, ending at 6,822.32 on Friday amid an inflation spike in the
Read The Rest at :