Foreigners Shun Philippine Stocks as Duterte Loses Luster: Chart

(Bloomberg) -- The money that flowed into the Philippines after presidential elections in May is drying up. As of Wednesday, the nation’s stock exchange had seen 20 straight days of foreign outflows, the longest stretch since 2007. Some investors are speculating that outbursts from President Rodrigo Duterte will have consequences beyond politics that affect the economy.

To contact the reporter on this story: Jake Ulick in Hong Kong at julick@bloomberg.net. To contact the editors responsible for this story: Bruce Grant at bruceg@bloomberg.net, Emma O'Brien