After the release of Philippines Q1 2015 GDP, PSEi slightly gain confidence ending down by 1.23% at 7,505.03, today, May 28, 2015. All sectors were down, yet, some stocks have already increased and had showed signs of recovery. At the end of the day the index still received a big loss.
Philippine Economist Stock Risk Index (PESRi) recorded a significant drop on risk from 4.692 yesterday to 4.613 today, equivalent to -1.68%. The past weeks were high risk; the fall of risk number is an indication of optimism.
Philippines Q1 2015 GDP slight decline to 5.2% compared to 5.6% previous quarter.
PESRi measures risk related to stock price volatility and ease of liquidity.
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