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Hawkish Fed lifts Philippine shares

By Inquirer - 6 months ago
MANILA, Philippines — The local stock market snapped its two-session losing streak on Thursday as investors went bargain-hunting amid the US Federal Reserve’s worries over inflation. By the closing bell, the benchmark Philippine Stock Exchange Index gained by 0.8 percent, or 52.77 points, to close at 6,659.99. The broader All Shares Index likewise rose by

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