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Philippine Stock Index falls over 3% amid surge in Covid-19 infections

MANILA, March 15 (Bloomberg): Philippine stocks fell the most in Asia, sending the benchmark index below 6,500 as investors dumped the nationโ€™s equities amid escalating daily coronavirus infections. "Investors are essentially liquidating their holdingsโ€ as the renewed spike in Covid cases and renewed mobility restrictions could derail economic recovery prospects, said Lex Azurin, an analyst at AB Capital Securities. The Philippine Stock Exchange Index lost as much as 3.6%, i...
Hong Kong Lex Azurin Metro Pacific Investments Corp San Miguel Corp Robinsons Land Corp Philippine Stock Exchange Index

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