Three of the nation’s five best performing equities in May were linked to Marcos. PhilWeb Corp., a gaming company owned by his brother-in-law Gregorio Araneta III, soared more than 60 percent in its best monthly gain in more than seven years. The businessman’s Araneta Properties Inc. returned about 50 percent, as did Prime Media Holdings Inc., owned by the family of Marcos’ cousin Deputy House Speaker Martin Romualdez.
Expectations the stocks would fare better under a Marcos presidency lured investors, like Kevin Khoe, 48, who started buying PhilWeb in January as surveys showed Marcos consistently leading by a wide lead over his rivals.
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