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Philippine equities a buy despite correction risk

Georgina Lee
Even though Philippine stocks are trading at a premium to Asian markets, investors are attracted by a strong domestic growth story. But that's not to say there aren't downside risks.
Philippine equities a buy despite correction risk

Despite signs of foreign investors pulling out of Philippine equities and the blue-chip index trading at a premium to almost the rest of Asia, positive conviction on the market appears hard to sway.

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