The Philippine Stock Exchange index (PSEi) added 200 points on Thursday because of continuous buying and the rise in foreign indices.

Harry Liu, Summit Securities Inc. president, said that Thursday’s increase was from buying that resulted from stocks reaching oversold levels, and that the market would continue to go upwards until it reaches consolidation mode.

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