Government posted a full year deficit of Php197.75B (2.0%) of GDP and well below the target of 3.2%. This turn as an anchor the pull down sa PSEi uptrend in consecutive trends.

For short term traders, it viewed as heightened risk with respect to overall to overall market performance and absence of positive money talks. However, most long term investors hinges on the outlook for a broad economy and an opportunity to take increase position in equities as the market drops.


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