The local stock barometer firmed up above the 7,100 mark on Thursday as investors focused more on prospective US fiscal stimulus rather than the …
The local stock barometer firmed up above the 7,100 mark on Thursday as investors focused more on prospective US fiscal stimulus rather than the political turmoil in Washington D.C. The main-share Philippine Stock Exchange index (PSEi) racked up 71.76 points or 1.02 percent to close at 7,119.61, tracking mostly upbeat markets in the region. “Philippine shares bounced back despite an outbreak of civil discord in the US Capitol by [outgoing US president Donald] Trump supporters,” said Luis Gerardo Limlingan, managing director at Regina Capital Development.
