Philippines ETF Rallies on Duterte Presidential Win
May 10, 2016 at 13:53 PM EDT
Philippines markets and country-specific exchange traded fund (ETF) surged Tuesday as Rodrigo Duterte’s tried to assuage investor uncertainty, following his victory in the nation’s presidential election. The iShares MSCI Philippines ETF (NYSEArca: EPHE) gained 4.9% Tuesday, breaking...