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    Inuman ng magpinsang nauwi sa pananaksak, nakunan ng CCTV

    Inuman ng magpinsang nauwi sa pananaksak, nakunan ng CCTV

    Photo Courtesy: Paeng Ramilo Cortes Jr.

    Lalaki sa Alcantara na pinagpapalo ng tubo, nasawi

    Bahay na gawa sa light material, natupok ng apoy sa Romblon

    Bahay na gawa sa light material, natupok ng apoy sa Romblon

    Asian cuisines, bida sa kauna-unahang HM Food Festival

    Asian cuisines, bida sa kauna-unahang HM Food Festival

    Divimart, ipatatawag ng konseho kaugnay sa mga issue nito na pumutok online

    Divimart, ipatatawag ng konseho kaugnay sa mga issue nito na pumutok online

    PIA Romblon trains PISAY campus journalist on broadcasting

    PIA Romblon trains PISAY campus journalist on broadcasting

    Farmer in Magdiwang stabbed with a bread knife

    Lalaking nagnakaw umano ng water pump, tiklo

    Mahigit 4,000 katao sa isla ng Sibuyan, nabenepisyuhan ng “Capitol Caravan”

    Former Romblon Governor recognized for maternal fetal medicine contribution

    Paggamit ng e-bike sa kalsada, pag-aaralang i-regulate sa Odiongan

    Paggamit ng e-bike sa kalsada, pag-aaralang i-regulate sa Odiongan

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    Sa  mina, mining company lang ang panalo, bayan ay laging talo!

    Sa mina, mining company lang ang panalo, bayan ay laging talo!

    Magiging ‘guerrila’ at ‘ninja’ si E-Sabong

    Magiging ‘guerrila’ at ‘ninja’ si E-Sabong

    Lacson-Sotto bibisita ng Romblon

    Ping Lacson o Tito Sotto, sino ang nakaranas ng heart break?

    VP Leni visits Romblon for the 3rd time

    Laglagan sa “Pinklawan”

    Sino pang-giyera mong lider?

    Sino pang-giyera mong lider?

    Bagong buwis(it)?

    Bagong buwis(it)?

    U_Spy: Malupet ang laban sa Bise

    Walang bastusan

    Lacson vows the right people for the right jobs in government

    Hindi gaya ng iba: Ping Lacson hindi nanira sa Boy Abunda interview

    Courtesy: ABS-CBN

    Sakalam si Villar

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    A Walk of Faith: Pagyakap sa Kahinaan

    A Walk of Faith: Pagyakap sa Kahinaan

    New South Korean Cuisine to shine best n BGC

    New South Korean Cuisine to shine best n BGC

    Looc houses Romblon’s first artisanal Italian gelato

    Looc houses Romblon’s first artisanal Italian gelato

    Welcome to Blog My Town

    Welcome to Blog My Town

    Bagong Food Park sa Cajidiocan, bubuksan sa August 8

    Bagong Food Park sa Cajidiocan, bubuksan sa August 8

    Walk of Faith: Ang Pag-iingat ng Isa ay Kaligtasan ng Lahat

    Walk of Faith: Ang Pag-iingat ng Isa ay Kaligtasan ng Lahat

    Photo Courtesy: Atty. Marvin Greggy Ramos

    Lugar na tanaw ang buong Poblacion ng Cajidiocan, patok na pasyalan

    Isang Pasasalamat Sa Kabila Ng Mga Pag-subok

    Isang Pasasalamat Sa Kabila Ng Mga Pag-subok

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    Walk of Faith: It’s Okay Not To Be Okay

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PHL can ride out effects of ‘Brexit’ vote –PSE

Romblon News by Romblon News
June 24, 2016
in National News
Reading Time: 5 mins read
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by Leslie D. Venzon, Philippine News Agency / Photo Courtesy from Google/Inquirer | Friday, 24 June 2016

The Philippine Stock Exchange (PSE) expects the solid economic fundamentals and the inherent strength of the financial market will able the country to ride out the effects of Britain’s withdrawal from the European Union (EU).

PSE President and Chief Executive Officer Hans B. Sicat said the outcome of the EU referendum had a negative impact on various asset classes and currencies, including the Philippine market.

Sicat said expected reaction in a British exit or “Brexit” case may prevail for the next few days as markets settle.

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“Medium term, however, we think that the Philippine market will not be adversely affected as it is supported by the country’s solid economic fundamentals and the inherent strength of the local financial market,” he added.

The local stock barometer plunged 100.06 points or 1.29 percent to 7,629.72 on heavy sell-off on Friday.

“Risk-off trades and increased volatility due to the referendum in UK triggered liquidation activities causing investors to capitalize on their gains from the recent rally,” said BDO Unibank Inc. chief market strategist Jonathan Ravelas. (PNA)

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