Philippine stocks rise most in almsot 4 years

Source: Bloomberg
© Scanpix/Reuters
The Philippine Stock Exchange Index jumped 5% so far today after plummeting around 20% as of yesterday since the gauge reached its highest value on May 15; the drop resulted in $65 billion of lost shares value. The index currently stands at 6,075.67. It stood at 16.1 times earning of 12 months, the lowest value since it reached 20.8 times on May 15, while MSCI Emerging Markets Index traded at 9.3 times.
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Wed, 26 Jun 2013 06:42:07 GMT

Palm Oil drops on concerns about China's growth

Palm oil prices declined to the lowest point in three weeks amid speculations that China's economic growth might slow down. China is the second largest palm buyer after India. The selling was triggered by a credit crunch, which resulted in interbank rates rising to record high last week. September delivery contract lost 1.3% and trades at $745 a metric ton.

Tue, 25 Jun 2013 12:27:16 GMT

Refined sugar climbs to highest level in three months ahead of delivery; coffee jumps

Refined sugar advanced to the highest level in three months in London amid bets on limited supplies that may be delivered to the NYSE Liffe when the August contract expires in July, while coffee climbed. The August white sugar contracts increased 1.3% to $517.50 per ton. Raw sugar for settlement in October inched up 0.8% to 17.28 cents per pound.

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