THE Philippine Stock Exchange index (PSEi) on Wednesday rose for the second consecutive trading day as investors hunted for bargains in an oversold market on bets that a US interest rate hike is not likely to happen in the near future.
The main PSEi climbed 30.83 points or 0.41 percent to close at 7,536.31, while the wider All Shares added 11.86 points or 0.28 percent to 4,324.13.
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