Stocks Q1 trade volume swells 40%

Trading on the Philippine stock market in the first quarter of 2015 grew in volume and aggressiveness, mostly by foreign investors who were taking advantage of strong corporate earnings results and optimism over the local economy.

Turnover value reached P641.59 billion in the first three months of the year, a 40-percent leap from the P457.08 billion posted in the corresponding period a year ago, The Philippine Stock Exchange (PSE) said in a statement