Philippine shares rose more than 5 percent during shortened trading on Wednesday after President Rodrigo Duterte signed a bill granting him extra powers and a massive war chest to stem the Covid-19 outbreak.
The Philippines’ main stock index crashed deep below the 5,000-mark on Thursday as bloodbath continued in the equities market amid the Covid-19 pandemic.
The Philippine Stock Exchange’s main index lost 9.7 percent at the close of trading on Thursday amid coronavirus fears, crashing to its lowest level since 2012.
AllHome said it would open 19 stores in the second quarter of 2019 and another 19 by 2020.