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Pulicly-listed stock broker CTS Global Equity Group Inc. is venturing into Indonesia as part of its long-term strategy of getting more revenues from global trading. In a disclosure to the Philippine Stock Exchange, the firm said it will venture into the Indonesian Stock Market with an initial fund
Capital raised by companies from the stock market in the first half reached P61.92 billion, 50 percent lower than the P122.46 billion generated in the same period last year.
The Philippine Stock Exchange Inc. (PSE) said the number of companies going public may hit record high this year, but the amount could still be lower than the previous year, when Monde Nissin Corp. conducted an initial public offering (IPO). PSE President and CEO Ramon S. Monzon said the bourse…