PSEi eases down as BSP cuts policy rate

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3 months ago

Philippine shares slipped below the 6,700 level on Thursday as anxious investors gauged the Bangko Sentral ng Pilipinas’ (BSP) next move on interest rates. The benchmark Philippine Stock Exchange Index (PSEi) shed 0.18 percent, or 12.05 points, to close at 6,692.91. Meanwhile, the broader All Shares Index ended flat at 3,628.15 as it went down

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