The local bourse clinched a 31-month high on Monday as it barreled through the 7,400 level fueled by the Bangko Sentral ng Pilipinas’ (BSP) move to cut the cash buffer requirement for banks, but analysts warned a big plunge may be forthcoming. The benchmark Philippine Stock Exchange Index (PSEi) rallied by 2.27 percent, or 164.93 Read The Rest at :
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