Benign inflation report perks up shares

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3 months ago

Easing inflation stoked a buying spree at the local bourse, allowing the Philippine Stock Exchange index (PSEi) to snap out of a two-day losing streak. The benchmark PSEi climbed by 0.38 percent, or 25.85 points, to close at 6,907.97, while the broader All-Shares Index rose by 0.26 percent, or 9.75 points, to settle at 3,739.27

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Topics:

benign

inflation

report

perks

shares

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