Third Investment Grade Rating Boosts PH Stocks

Manila—(PHStocks)—Philippine stocks extended their gains Thursday, 3 October, as Moody’s Investors Service—one of the big three credit ratings firms in the world—showed its approval of the current economic growth track of the country, ongoing fiscal and debt consolidation, political stability and improved governance by giving the Philippines its third investment grade rating today. Moody’s raised […]
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Investment Ratings Upgrade Boosts PH Stocks to New Record High

Manila—(PHStocks)—The Philippines’ second investment grade rating, given by credit ratings firm Standard and Poor’s, has boosted the local stock market to a new high – the 28th so far recorded this year. The benchmark Philippine Stock Exchange (PSE) index surged by 1.72% or 121.93 points to close at 7,215.35 – a new record high for […]
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PH Stocks Extend Rally

Manila—(PHStocks)—Philippine stocks extended their growth for the fifth straight session as investors anticipate another investment grading for the country’s sovereign ratings. The mainboard Philippine Stock Exchange (PSE) index gained 0.32% or 22.43 points to close at 7,093.42 today, 2 May – reversing an early morning slide wherein investors cashed in on their gains over the […]
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Investment Grade Rating Fuels PH Stocks Rally

Manila—(PHStocks)—Philippine stocks continued their surge to hit a new record as the country gets its first-ever investment grade rating. The benchmark Philippine Stock Exchange (PSE) index went up by 2.74% or 182.35 points to reach 6,847.47 today, 27 March, as international credit ratings agency Fitch Ratings upgrades the Philippines to investment grade amid stable outlook. […]
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