Only in the Philippines!
Through rampant use of "Marking the Close", Team Viagra chopped today's headline index losses by half!
The headline index seen from different platforms
The sectors which participated or benefited from the last minute pump
The issues which benefited from the closing session pump.
To repeat, these postings are intended to document on the brazen irregularities at the PSE, with the aim to demonstrate that "There is no such thing as a free lunch; perversion of the marketplace will eventually incite a blowback or will backfire."
Note: figures/images from colfinancial.com, Bloomberg, PSE and technistock.net.
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