PH stocks resume record-breaking finish

The local stock market charged further ahead into record territory, fueled by strong full- year 2014 corporate earnings and optimism about the economy’s first-quarter performance while interest in global and Asian equities ebbed on Wednesday.

The Philippine Stock Exchange index (PSEi) advanced right at the open and ended with a gain of 71.32 points or 0.92 percent to 7,847.83, the 18th time this year the index finished at an all-time high.