Good time now to invest in stock market again in the Philippines?
Date Posted: 2009-05-26
Transaction type: Offering / Selling / For Sale
Price: Not Specified
The Business Mirror reported yesterday that the Philippine Stock Exchange was the best performing stock market in Southeast Asia during the 1st quarter of 2009.
From January to March 2009, the 30-company Philippine Stock Exchange index (PSEi) surged 6.05% a remarkable performance considering the current worldwide economic recession and the losses in other Asian markets.
Compare the Philippine stock markets performance below with the other Southeast Asian counterparts.
Performance of Southeast Asian stock markets, January-March 2009
* Philippines: Philippine Stock Exchange Index +6.05%
* Indonesia: Jakarta Composite Index +5.8%
* Malaysia: Kuala Lumpur Composite Index -0.48%
* Singapore: Straits Times Index -3.5%
* Thailand: Stock Exchange of Thailand -4.1%
* Vietnam: Vietnam Stock Index -11.07%
link:
www.pse.com.ph
Location: Philippines
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