Stocks gain on optimism on Syria, China, PH

With the Dow Jones setting up the positive mood on Tuesday’s trading, the Philippine benchmark stock index rallied once again on Wednesday driven by the improvements in the Syrian crisis and the economy of China.

Harry Liu, president of Summit Securities Inc., said that the improvement was from United States President Barrack Obama delaying a military strike in Syria, and Syrians agreeing to surrender their chemical weapons—as well as China’s economic improvement.