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Lage and Eldridge To Perform in Athens

The phrase “child prodigy” occurs often in written accounts of jazz guitarist Julian Lage, who honed his six-string skills while most of his peers were watching cartoons.

You may recall Lage as the subject of the short 1996 documentary Jules at Eight, or from the then-13-year-old’s duet with vibraphonist Gary Burton at the 2000 Grammy Awards.

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Local Equities Rebound

The local equities rebounded for the second straight day due to bargain hunting. The PSEi gained 86.19 points, or +1.22% to close at 7,154.22. Most indices ended in green led by the property (+2.48%) and financials (+2.17%) sectors.

Market breadth was positive with 111 advances outnumbering 67 declines, while 41 issues remained unchanged. Total value turnover reached Php3.31 billion. Foreign investors were net buyers at Php16.33 million.

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BSP Says PH Debt Still at Comfortable Levels

Bangko Sentral ng Pilipinas (BSP) data showed that the country’s foreign debt remained at comfortable levels.

The external debt ratio as percentage of gross national income declined from 18.3% in the 2nd quarter of 2013 to 17.6% in the same three months of this year, but lower than the 17.9% in the first three months of the current year.

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