A trader walks in front of the logo of the Philippine Stock Exchange (File photo by JAY DIRECTO / Agence France-Presse) MANILA  — The first semester of 2023 was an exercise in patience for many stock market investors. Sagging volumes and persistent concerns about elevated inflation kept the Philippine Stock Exchange index (PSEi) from decisively breaking out past the 7,000 level. The banking sector was a clear outlier in terms of returns as profit margins were lifted by rising interest rates.

https://business.inquirer.net/414414/time-to-sift-through-the-rubble

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