Seeking Alpha

Philippine shares slide in late selling, Indonesia gives back gains

  • A rather steep last minute decline sends Philippine (EPHE) shares 1.3% lower. As is often the case when no one really knows what happened, the move is being attributed to "profit taking" and "uncertainty."
  • Meanwhile, shares in Indonesia (IDX, IDXJ, EIDO) give back some of Thursday's post-Fed gains, falling 1.9% in Jakarta.
  • Other regional markets: KLCI (EWM+0.5%, Straits Times (EWS, EWSS) -0.4%
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