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                    [ArticleID] => 378117
                    [Title] => Stocks hit 10-yr high
                    [Summary] => 



The stock market surged to its highest level in nearly 10 years yesterday, with the benchmark index vaulting past the 3,000-point  level on upbeat economic prospects.


Dealers said the government’s improving fiscal position, higher remittances from Filipinos working abroad which has spurred consumer spending, and hopes of easing interest rates and inflation due to stable oil prices, are encouraging  more investors to buy stocks. 


                    [DatePublished] => 2007-01-04 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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Stocks hit 10-yr high

By Zinnia B. Dela Peña | January 4, 2007 - 12:00am

The stock market surged to its highest level in nearly 10 years yesterday, with the benchmark index vaulting past the 3,000-point level on upbeat economic prospects. Dealers said the government’s improving...

Business