Sunday 21 October 2018
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5 months ago

PSEi back to 7,800

The local stock barometer rallied to the 7,800 level on Tuesday, perked up by the latest rebalancing of the closely-tracked MSCI indices. The main-share Philippine Stock Exchange index (PSEi) racked up 133.86 points or 1.73 percent to close at 7,885.97, outperforming mostly sluggish regional markets. The PSEi was lifted by heavyweight SM Prime - which rallied by 7.43 percent and was the day s most active traded company - on news of a 1.55-percentage point upward adjustment in its MSCI weight. Outside o

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