Philippines Trounces Global Stocks by 124% in Aquino-Led Rally

Philippines Trounces Global Stocks by 124% in Aquino-Led Rally

Brent Lewin/Bloomberg

The Philippines Stock Exchange logo is displayed at its branch in Makati City in Manila. There is “probably room” for Philippine stock valuations to climb as long as growth in earnings and the economy can be sustained, Hans Sicat, president of the country’s bourse, said in a Feb. 15 interview in Tokyo.