• Foreign buying of Philippines’ stocks accelerated in the past week as the nation’s benchmark equity index rose and the Philippine peso strengthened.
  • The 5-day moving average of net foreign inflows increased to $4.54 million, rising above the 20-day average of $3.81 million, according to data from the Philippine Stock Exchange Inc. compiled by Bloomberg.
  • The Philippines Stock Exchange PSEi Index rose 4.2 percent over the past week and the peso rose 0.5 percent against the dollar to 55.783.