PH traders move to knock down 6,700 on rate cut hopes

Investors will continue to cling to prospects of a rate cut, which have been fueling the local bourse’s performance in recent weeks despite tepid trading. For the first time in nearly two months, the Philippine Stock Exchange Index (PSEi) closed above 6,600 on Friday at 6,648.23, up by 0.59 percent from the previous week. Although
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