PSEI SNAPS 7-DAY SLIDE The Philippine Stock Exchange index (PSEi) closed at 6,026.03 on Wednesday, up 1.22 percent, ending a seven-day losing streak as investors hunted for bargains. Sentiment improved on expectations that September inflation remained within the Bangko Sentral ng Pilipinas’ forecast range of 1.5 to 2.3 percent, while positive cues from Wall Street further lifted trading. Meanwhile, the peso closed at 58.12 against the US dollar, slightly stronger than Tuesday’s 58.19. | Jason Ma
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The local bourse extended its gains on Wednesday, with the Philippine Stock Exchange index (PSEi) edging up 0.25% to close at 6,098.74. Investors kept the momentum going as bargain-hunting continued, boosted by hopes that September inflation stayed within the BSP’s forecast and by positive leads from Wall Street. #PhilippineStockExchange #DailyTribune #BSP #stocks | Daily Tribune
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