The local stock market matched the enthusiasm of global markets in reaction to the signal from the US Federal Reserve that it was no longer observing “patience” in its rates guidelines, pushing the benchmark index back above 7,800 points on Thursday.
The Philippine Stock Exchange index (PSEi) gained 0.75 percent or 57.97 points to close at 7,814.55, while the All Shares index added 0.48 percent or 18.59 points to 4,520.78.
Already have an active account? Log in here.
Continue reading with one of these options:
Continue reading with one of these options:
Premium + Digital Edition
Ad-free access
P 80 per month
(billed annually at P 960)
- Unlimited ad-free access to website articles
- Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)
TRY FREE FOR 14 DAYS
See details
See details
If you have an active account, log in
here
.