S&P Gives 2nd Investment Grade Rating!

The PSEI was trading in the red almost the whole morning but as the afternoon session kicked-in, the Index seemed to be in steroids. The rally this afternoon was fueled by our 2nd Investment Grade Rating by S&P.

Now that "hot money" will be surely flowing to the Philippine Market, which blue chip or second liner would you choose.

Before going further, take note that data was collected from the investment tables/guides for April 2013 of COL, ABCAP and ATR only. The Mokong has no knowledge on the credibility of these brokers. Stocks that have no rating for a particular broker were given a zero value (-100%). Also, closing prices of 2 May 2013 were used in the computation.

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Caution: EDC, FGEN, FPH, PX and BLOOM have issues that may have not been factored in yet. 

Here is the complete list of the scanning: Click Me

Special thanks to those who provided the Mokong with the investment guides of their brokers. May the force be with you.