Peso rebounds, PSEi falls amid economic uncertainty
The Philippine peso strengthened while the stock market fell, reflecting investor caution ahead of key economic data releases. This market volatility can impact dividend investors as it may affect stock valuations and future dividend payouts.
- The peso strengthened against the dollar, closing at P58.62.
- The PSEi fell to its lowest level in nearly seven months.
- Investor caution may affect stock valuations and dividend payouts.