Philippine Stocks Propelled Into Bull Market
- Philippine Stock Exchange Index rallies 22% from November-low
- Diokno commits to resume policy easing in second half of 2019
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There’s been a revival in the Philippine stock market.
After slumping to become one of the world’s biggest losers last year, the nation’s equities surged Monday, entering a bull market as traders cheered the central bank’s commitment to resume its policy easing in the second half of this year.