Upcoming IPOs influence selling in the market

Posted at Apr 10 2012 12:09 PM | Updated as of Apr 10 2012 08:09 PM

The local stock market is eagerly anticipating the upcoming initial public offerings of GT Capital Holdings Corp. and EastWest Bank. PJ Garcia, BPI Asset Management senior vice-president, said investors are making room for these IPOs by selling in the market right now. [email protected], April 10, 2012