Confidence high in expensive PH market

If confidence is down on Wall Street, the opposite is happening the Philippine Stock Exchange, which is hitting all-time highs, enough to make investors ask, when will it hit the once unheard of 10,000 for its stock exchange index?  There are some downsides though, analysts now confidence has been so high that the Philippines now has the most expensive stocks, more than double South Korea’s Kospi and Hong Kong’s Han Seng.  

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