MANILA, Philippines — Positive results from the government’s investigation into corrupted flood control projects may be the only savior of the stock market after it dipped to a six-month low, according to the operator of the local bourse.
Philippine Stock Exchange (PSE) president and CEO Ramon Monzon told reporters on Wednesday that the market’s performance has been “very bad,” highlighting the need for decisive action to restore investor confidence.
https://business.inquirer.net/550151/psei-claws-back-to-6000-on-bargain-hunting
