(Bloomberg) -- Philippine stocks rose, breaking a
record that was set in the run-up to the regional financial
crisis in the summer of 1997.
During the crisis the Philippine Stock Index tumbled,
reaching a 10-year low in October 2001. Under the rule of
President Gloria Arroyo, who came to power in a popular uprising
backed by the military in January 2001, the measure has more than
tripled since its nadir of 979.34 to close at 3449.18 today.
Read more at Bloomberg Stocks News
record that was set in the run-up to the regional financial
crisis in the summer of 1997.
During the crisis the Philippine Stock Index tumbled,
reaching a 10-year low in October 2001. Under the rule of
President Gloria Arroyo, who came to power in a popular uprising
backed by the military in January 2001, the measure has more than
tripled since its nadir of 979.34 to close at 3449.18 today.
Read more at Bloomberg Stocks News
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