THE stock market recovered on Wednesday after investors were encouraged by news that the Philippines is still expected to register economic growth of 6.1 percent for this year.
The benchmark Philippine Stock Exchange index (PSEi) rose by 0.49 percent or 38.42 points to finish at 7,967.90, while the wider All Shares climbed by 0.38 percent or 18.37 points to end at 4,804.82.
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