Monday, April 30, 2018

AsPac markets after the Korea Summit

Two days before the Boracay closure last Thursday April 26, the PSE was among the worst performers that day in the Asia Pacific (AsPac) market. Ytd decline was -11%, wow. Second worst was the Duterte-beloved China and its various stockmarkets. Data from

Last Friday April 27, the Korea Summit was around 8:30am PH time, many Asian markets were about to open. It was positive for all markets in Aspac except China Shenzhen.

And today, the business optimism has continued. Good.
And the PSE has improved, ytd decline is down to -8.6%.

People and businesses love peace and absence of war. Trabaho at negosyo lang, tigil na mga gyera -- just business and jobs, end wars -- please take note of that, governments around the world.

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