The bellwether stock market index reached another all time high intraday and closing record of 7,586.67 on positive momentum and anticipation of full-year corporate earnings despite a weak morning trade due to lower US markets overnight.
The Philippine Stock Exchange index (PSEi) closed 0.50 percent or 37.74 points higher than Friday’s 7,548.93 points. The wider All Shares index also increased by 0.42 percent or 18.49 points to 4,421.91 points.
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