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Why should you invest in foreign stocks?

Why should you invest in foreign stocks?
bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.

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Peso rises vs dollar on proposed stimulus

Peso rises vs dollar on proposed stimulus
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Futures Rise For 8th Day In A Row, Hit All Time High Ahead Of CPI, Powell

Futures Rise For 8th Day In A Row, Hit All Time High Ahead Of CPI, Powell
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Stocks extend climb ahead of BSP policy review

PHILIPPINE SHARES continued to climb on Wednesday as the rise in global coronavirus cases slowed and on expectations that the central bank will keep rates low at its meeting today. The benchmark Philippine Stock Exchange Index (PSEi) rose by 16.6 points or by 0.23% to 7,082.15, while the all shares index increased by 10.88 points or 0.25% to 4,260.81. “The PSEi continued higher today as more investors turned optimistic, brought by a decline in new global COVID-19 cases. This renewed optimism has encouraged investors that were on the sidelines to take a second look at the market. Even foreign investors were net-buyers today after months and months of heavy selling,” AAA Southeast Equities, Inc. Research Head Christopher John Mangun said in an e-mail on Wednesday.

Bangko sentralDarren blainet panganFelipem medallaPhilippine stock exchange index pseiResearch head christopher john mangunSoutheast equities incSenior research analyst japhet louiso tantiangcoPhilstocks financial incTimson securities incPhilippine stock exchange indexTimson securitiesOnline trading darren blaineMonetary boardSenior research analyst japhet louisதென்கிழக்கு பங்குகள் இன்க்டைம்சன் பத்திரங்கள் இன்க்

Firm with no revenue is most-traded stock in the Philippines

The penny stock’s surge showcases the extremes to which the retail mania has reached in the Philippines, home to one of the world’s worst-performing equity markets this year. MANILA: Abra Mining & Industrial Corp has no revenue and zero analyst coverage. Yet, the loss-making mining company’s stock has more than doubled in 2021 and is also the most-traded name in the Philippines. The penny stock’s surge showcases the extremes to which the retail mania has reached in the Philippines, home to one of the world’s worst-performing equity markets this year. Discouraged by the decline in the nation’s benchmark gauge, mom-and-pop investors have been loading up on speculative names in the hope of lucrative returns.

James beloyRachelle cruzAbra mining industrial corpAp securities incFirst grade finance incPhilippine stock exchange indexAbra miningIndustrial corpFirst grade financeGrade financeDel castilloரேச்சல் குரூஸ்அப் பத்திரங்கள் இன்க்முதல் தரம் நிதி இன்க்பிலிப்பைன் ஸ்டாக் பரிமாற்றம் குறியீட்டுதொழில்துறை கார்ப்