Trading on the Philippine bourse lost steam on Wednesday, closing with modest gains on prospects of positive corporate earnings in the second quarter, while many investors opted to stay on the sidelines pending the central bank’s decision on key policy rates.
The benchmark Philippine Stock Exchange index inched up 0.09 percent or 7.40 points and settled at 7,836.34. The All Shares index added 0.13 percent or 5.74 points to 4,532.56.
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