On-target inflation outlook shores up shares

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9 months ago

MANILA, Philippines —Strong corporate earnings and a positive inflation outlook encouraged investors to buy up shares on Wednesday, prompting the Philippine Stock Exchange Index (PSEi) to recover some ground after an earlier profit-taking. The benchmark PSEi climbed 0.23 percent, or 15.85 points, to close at 6,876.52 while the broader All-Shares index rose 0.24 percent, or

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Topics:

target

inflation

outlook

shores

shares

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