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Shares rise on Wall Street rally, dovish BSP hint

By Inquirer - 10 months ago
MANILA  —The Philippine benchmark index rebounded on Monday as investors weighed statements by the Bangko Sentral ng Pilipinas (BSP) chief on the possibility of earlier interest rate cuts amid expectations these would happen in the second half 2024. The Philippine Stock Exchange Index (PSEi) jumped 1.23 percent, or 79.93 points, to 6,583.47 while the broader

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