Local stocks skyrocketed to an all-time high on Monday as investors loaded up on equities given positive tidings from the resolution of the Greek crisis and an optimistic outlook for the second half of 2011.The main-share Philippine Stock Exchange (PSE) index surged by 69.93 points or 1.6 percent to finish at 4,421.56. Drawing momentum from last Friday’s breakout past a critical barrier at 4,340, the index surpassed the 4,414 previous record high in early November last year to carve a new peak.
READ FULL STORY
0 comments:
Post a Comment