PH stocks surge to a new high

  The local stock barometer surged to a new high on Tuesday, even flirting with the 8,400 level in intra-day trade, as investors loaded up on local equities ahead of the third quarter corporate earnings reporting season. The main-share Philippine Stock Exchange index gained 30.66 points or 0.37 percent to end at its best-ever finish of 8,398.04. A new intra-day peak of 8,409.92 was likewise hit. "It's really difficult to doubt the strength of the market nowadays. Investors remain positive despite the weakness in New York and unfavorable news in the country. Most investors preferred to ignore the political bickering and reports of lower economic forecast by several in...Keep on reading: PH stocks surge to a new high

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