Most Filipinos must have missed out on a windfall from the Philippine stock market last week, with data showing foreign investors accounting for the bulk of trade when the benchmark index was breaking records and setting new highs during the last two trading days.

On Friday, the market barometer, the Philippine Stock Exchange index (PSEi) — closed up 0.44 percent at 8,180.85 points. That was a carryover of momentum from Thursday’s rally that drove the index up to finish at 8,144.91, breaching the previous high of 8,127.48 hit on April 10, 2015.

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