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Philippine Stocks Hit 14-Month Low Amid Growth Concerns

1/31/2025

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Summary

Story summary

Philippine stocks plummeted to a 14-month low as Q4 economic growth of 5.2% fell short of expectations, igniting concerns among investors. Meanwhile, the Indonesian rupiah slipped 0.5% amid fears of looming U.S. tariffs. Regional markets mirrored this decline, with Jakarta stocks dropping 1.4%, all while trading remained sluggish due to Lunar New Year celebrations.

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Story summary

Philippine stocks plummeted to a 14-month low as Q4 economic growth of 5.2% fell short of expectations, igniting concerns among investors. Meanwhile, the Indonesian rupiah slipped 0.5% amid fears of looming U.S. tariffs. Regional markets mirrored this decline, with Jakarta stocks dropping 1.4%, all while trading remained sluggish due to Lunar New Year celebrations.