Tag: PHL stocks

PHL stocks rally ahead of Duterte inauguration

MANILA, June 30 — Local share prices rallied near 7,800-mark on Wednesday as it tracked the upbeat global markets days after the British exit ‘Brexit’ vote and ahead of Duterte administration. The barometer Philippine Stock Exchange (PSE) zoomed 131.84 points or 1.72 percent to 7,798.53 from previous day’s 7,666.69 finish. “The local bourse soared in tandem with global marts as expectation for more stimuli sent investors running for bargain issues,” said RCBC Securities Inc. in a […]