Morgan Stanley: Philippine stock market Dalgalanma will expand due to the U.S. election

JPMorgan stated in a report that the Dalgalanma of the Philippine stock market will continue in the second half of this year, partly due to the uncertainty surrounding the impact of the US election and trade policy. Strategist Jeanette Yutan wrote in a report that given the ‘stubborn’ fiscal deficit of the Philippines, the stock market is very fragile and the stock risk premium remains high. ‘Investors are still uninterested’ because ‘Likidite is poor, uncertainty is high’.