Bourse trading seen to normalize – DOF
The Department of Finance (DOF) also on Tuesday brushed off the fall of the inventory market on the primary enterprise day after the September 2 Davao City bombing, adding that trading is expected to normalize quickly sufficient following the business network’s fine response to President Duterte’s decisive measures inside the wake of the Davao blast.
The Philippine Stock Exchange index (PSEi) fell 43 points, or 0.6 percent, to shut at 7,764.05 at the close of exchange on Monday.
“We can count on initial market jitters after such an incident,” said DOF spokesperson Paola Alvarez.