Hopes of more rate cuts buoy PSEi

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3 months ago

The possibility of another interest rate cut following the easing of inflation encouraged investors to buy up shares, pushing the Philippine Stock Exchange index (PSEi) to end in the green for the second consecutive day. The benchmark PSEi climbed by 0.41 percent, or 28.12 points, to close at 6,936.09. The broader All-Shares index rose by

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