Monday, 8 October 2012

Companies raise record P175b from PH market

By Jenniffer B. Austria
Manila Standard

The total capital raised from the Philippine stock market reached a record P174.9 billion in the first nine months of the year, up 171 percent from P64.5 billion year-on-year, due to an increase in the number of companies raising money through the bourse.

Data from the PSE showed total capital raised from January to September this year also beat the full-year 2011 record figure of P107.50 billion.