The stock market hit new record highs on Thursday with analysts noting continued investor confidence ahead of the end of the so-called “ghost” month.
The Philippine Stock Exchange index (PSEi) gained 1.13 percent and broke past the 8,100 resistance level to close at 8,144.91, a new all-time high. The previous record of 8,127.48 was set more than two years ago on April 10, 2015.
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