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KM Financial Solutions | SE Asia Stocks-Philippines recovers on bargain-hunting; Vietnam up 1.5 pct
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SE Asia Stocks-Philippines recovers on bargain-hunting; Vietnam up 1.5 pct

17 Dec SE Asia Stocks-Philippines recovers on bargain-hunting; Vietnam up 1.5 pct

Posted at 04:44h in News by
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By Nikhil Nainan
Dec 18 (Reuters) – Philippine stocks rose 0.5 percent on
Monday as investors hunted for bargains after Friday’s sharp
fall, while Vietnam shares jumped nearly 1.5 percent with
financials and utilities driving the surge.
Real estate stocks such as SM Prime Holdings Inc
and Ayala Land were the biggest gainers in the
Philippines. SM Prime climbed as much as 2.2 percent, while
Ayala Land rose up to 1.4 percent.
Investor sentiment was also upbeat after the World Bank

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