Wednesday 12 December 2018
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inquirer - 3 month ago

PSEi regains 3.48%, closes at 7,383

The local stock barometer yesterday rallied sharply, breaching the 7,300 level in line with upbeat trading across the United States and regional markets. The Philippine Stock Exchange index (PSEi) recouped 248.26 points, or 3.48 percent to close at 7,383, as local bargain-hunters made up for the slack in foreign investors appetite. Elsewhere in the region, investors cheered a favorable Japanese factory data and were relieved that the tariffs slapped by the United States and China against each other

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