PH market expected to continue to do well, given the strong economic foundation

The market should continue to do well for the remaining half of the year.

Stock market drivers:
1. Strong foundation of the Philippine government.
2. President Duterte's action oriented socio-economic agenda.
3. Resilient domestic economy.

Below are proofs of the strong foundation of the Philippine government.
1. Strong finances
2. Low cost borrowing.

Source: Bloomberg, IRO, COL