PH stockmarkets 2nd worst performing in the world in 2018

The PH Stock Exchange (PSE) is the 2nd worst performing stockmarket in the world this year (-12.4%) next to Turkey (-12.7%). Dutertenomics is lousy at encouraging more investments, good only at tax-tax-tax, loans-loans-loans especially from China.

Over the last 52 weeks, PSE is also the worst performing in the Asia Pacific. Over the last 3 years (May 2015 vs May 2018), PSE has contracted. The gains of the markets in the last year of the past administration has been erased by the first 2 years of the Duterte admin.

Data from wsj.com.

See also:
AsPac markets after the Korea Summit, April 30, 2018 
AsPac markets, PH and ID worst performing ytd, May 20, 2018