PSEi up on SEC hint of more liberal foreign ownership rules

Posted at Jan 12 2013 10:37 AM | Updated as of Jan 12 2013 06:37 PM

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Philippine financial markets rose on Friday following the Securities and Exchange Commission's hint of more liberal foreign ownership rules. The Philippine Stock Exchange index inched closer to the 6,100-level, while the peso near a five-year high.

ANC Business Nightly, January 11, 2013.