MANILA -The benchmark Philippine Stock Exchange index (PSEi) crawled higher on Thursday as investors weighed developments overseas. The PSEi added 0.13 percent, or 8.64 points, to 6,511.49 while the broader All Shares index rose 0.06 percent, or 2.08 points, to 3,465.89. 'Philippine shares edged higher as investors digested [US Federal Reserve] chair Jerome Powell's latest comments about the tightening cycle,' Luis Gerardo Limlingan, head of sales at stock brokerage house Regina Capital Development, said in a note to investors on Thursday.
https://business.inquirer.net/407736/psei-up-as-fed-readies-anew-to-tamp-down-inflation#inquirer
You must login before you can post a comment.