THE Philippine Stock Exchange Inc. (PSE) said its net income in 2016 inched up by just 3 percent to P701.54 million from P682.8 million in the previous year as trading income was muted by the volatile markets.
In a statement, the PSE said operating revenues rose 4 percent to P1.26 billion from P1.21 billion in 2015, while operating expenses dipped by 1.5 percent to P592.6 million previously.
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