Monday 17 December 2018
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inquirer - 5 month ago

PSE index rebounds after early losses

The local stock barometer slightly rebounded yesterday, tracking an intraday recovery across regional markets after the initial jitters caused by the sharp decline in the value of the Chinese yuan. The main-share Philippine Stock Exchange index (PSEi) added 11.74 points or 0.16 percent to close at 7,399.61, reversing early losses albeit still on very thin value turnover. The PSEi flirted with 7,400 in intraday trade. Across the region, most stock markets also initially slumped due to concerns ov

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