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Mar 6, 2013

PSE index pierces 6,800 level; sets new all-time high

The Philippine Stock Exchange main index or the PSEi surged to a new all-time high on Wednesday in tandem with global market gains.

The PSEi closed at 6,835.21 points, up 123.49 points or 1.84 percent.  This breaches the previous all-time high at 6,721.45 points set on 28-Feb-13.  Intraday, the PSEi also hit a new high at 6,842.97 points surpassing the previous record intra-day level of 6,725.36 points posted on March 1.  

"Global markets are rallying on positive economic indicators, while locally, initial earnings reports of our listed companies have been generally better than expected. Given these promising developments, the sustained growth of the market finds more support that will hopefully lead us to reach new milestones," PSE Chief Operating Officer Roel A. Refran said.

From The Philippine Stock Exchange,Inc



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PSE index pierces 6,800 level; sets new all-time high

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This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More






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