News / Philippine Stock Market
Looks like Henry Sy’s holding company, SM, doesn’t seem to be doing well in the market. At least it’s only the stock, not the company itself.
After reaching its high back in July, it’s been downhill since then. Right now, we’re back to square one since the last price it closed was also the value of its IPO.
There seems to be some more bearishness for SM and it looks like it will still bring the stock lower.
I think it would be safer for us to just visit their malls than buy the stock right now. 
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