Foreign Portfolio Investments Up in June

Foreign portfolio investments booked a net inflow of $450.87 million in June, a reversal of the $521.99 million net outflow recorded in the same month last year. This is also higher than the $72.81 million net inflow registered last May. Inflows rose 7.1 percent to $1.81 billion in June from $1.69 billion in June last year largely due to large inflows in shares of Bank of Tokyo Mitsubishi UFJ Ltd (BTMU), which pumped in P37 billion in exchange for a…

Subscribe via email for complete access to Supreme Consult’s weekly report on political and investment risks in the Philippines.

Advertisements