Jose Vistan
Jose Vistan
cautious foreign including investors neutral
Foreign institutional investors are, I think, cautious to neutral on equities, including those in the Philippines.
cue government market medium took
So when the government was able to withstand the threat, the market took that as a cue that perhaps, at least in the medium term, there won't be another threat.
contrary ended investors labor relieved
Investors were relieved that contrary to expectations, Labor Day ended without any violence.
merely problems
It merely compounded the problems that have been hounding the country,
bright good news
On the bright side, it's a good dividend play. It's good news for PLDT shareholders.
thorn
It's like a thorn has been removed from the market.