From 3,000 in 2010 to 8,000 by 2015: PSE credits PNoy for stock market high
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From 3,000 in 2010 to 8,000 by 2015: PSE credits PNoy for stock market high

The Philippine Stock Exchange joined the outpouring of condolences as former President Noynoy Aquino died Thursday (June 24).

“The PSE Board and Management extend their condolences to the Aquino family,” the local bourse operator said in a statement.

Ex-president ‘Noynoy’ Aquino dies

“The Philippine stock market recorded several milestones during the term of President Aquino as his policies transformed the Philippines from a high credit risk to an investment grade rating country starting in 2013. We pray for the eternal repose of his soul,” it added.

The PSE index surged to the 8,000 level in 2015, the fifth year of Aquino’s reign, from just the 3,000 level in 2010. Aquino, an economics graduate from the Ateneo de Manila University, made sure to be there to ring the PSE bell to boost investor confidence.

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