Capital markets 'doing very well' despite COVID pandemic—PSE
Published December 19, 2020, 6:30 AM The local equities market is “doing very well” despite the global economic shock triggered by the pandemic, the Department of Finance (DOF) said, citing a report of the Philippine Stock Exchange (PSE). In a statement, the DOF quoted PSE President Ramon Monzon as saying that the Philippines’ equities market dipped by only 9.4 percent, closing at 7,080.62 as of December 2 this year, compared to the 2019 finish of 7,815.26. The capital raising activities have also been “doing very well” especially last November, the DOF quoted Monzon during a rece...
Source: mb.com.ph