PH shares rise despite faster inflation

MANILA, Philippines — Investors brushed off faster inflation data released on Wednesday, as traders cheered the possibility of an earlier interest rate cut, lifting the local stock market above the 6,400 level. By the closing bell, the benchmark Philippine Stock Exchange Index (PSEi) climbed by 0.86 percent, or 54.90 points, to end at 6,441.32. The
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