Philippine bourse expects equity capital raising to reach $4b next year

Philippine bourse expects equity capital raising to reach $4b next year

An investor writes on papers as he sits in front of an electronic board showing stock information at a brokerage house. REUTERS/Stringer

Philippine companies could increase equity capital raising on the local stock exchange to 200 billion pesos ($4.2 billion), the head of the country’s bourse said, adding that eight to 10 firms were likely to pursue a listing.

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