Traders begin work on the first day of 2018 trading at the Philippine Stocks Exchange in Manila. Phillipine stocks fell as much as 3.3% on Thursday. (Reuters photo)The problems keep piling up for Philippine stocks, the world’s worst performers this year. Overseas investors have pulled a net US$805 million from the nation’s stocks over the period, it said. “It was expensive, it was over-owned,” said Joshua Crabb, head of Asian equities at Old Mutual Global Investors AP Ltd. “Inflation was coming into the system.

Source: Bangkok Post April 19, 2018 09:11 UTC