Mixed hints on BSP rate move keep PSEI on downslide

MANILA, Philippines — Unclear direction from the Bangko Sentral ng Pilipinas (BSP) continued to rattle investors on Thursday, with the local bourse entering a seven-session losing streak a week ahead of the next rate-setting meeting. The benchmark Philippine Stock Exchange Index (PSEi) shed 0.34 percent, or 21.47 points, to close at 6,344.56. At the same
Read The Rest at :