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Inflation in spotlight as PSEI holds on to 6,700

By Inquirer - 10 months ago
Stocks advanced the past week to close above 6,700 as investors prepared for the upcoming release of inflation data for January. The benchmark Philippine Stock Exchange Index (PSEi) added 0.32 percent last week to close at 6,707.25. Since the start of the year, the benchmark index has gained nearly 4 percent. Jonathan Ravelas, veteran forecaster

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