Investors sift through cheap equities, boosting PSEi

Local shares bounced back on Friday as investors hunted for lower-priced stocks after the bourse’s two-day losing streak. By the closing bell, the benchmark Philippine Stock Exchange Index (PSEi) added 0.42 percent, or 30.44 points, to 7,314.23. Meanwhile, the broader All Shares Index climbed by 0.25 percent, or 9.88 points, to close at 4,017.27. READ:
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