Thursday, October 6, 2011

Philippine Stock Market recovered!


The Philippine Stock Exchange index (PSEi) partially recovered in the closing day after three days of listless trading.

Based on data of the PSE, an increase of 1.76 percent or 67.39 points in the level of local stocks, while the broader All-share index also increase with 1.15 percent or equivalent to 31.83 points.

Experts believe that a good sign for our country's trade in this scenario, especially if it continues until the last quarter of this year.

Despite this, there are other considerations also said about the decrease and increase of stock index especially if major adjustments are documented in and outside our country.

Recalled that in some cases having impact on the trend in the Philippines about decrease and increase of foreign stocks.

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