By: Benzinga
Philippines ETF Soars on First Investment-Grade Rating
Shares of the iShares MSCI Philippines Investable Market Index Fund (NYSE: EPHE ) are up about 2.4 percent Wednesday and the ETF is flirting with its all-time high after Fitch Ratings became the first major ratings agency to bestow an investment-grade credit rating on the Southeast Asian nation. Fitch upgraded
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