Philippine stocks opened the trading week in the green on bargain hunting.
The benchmark Philippine Stock Exchange index (PSEI) advanced 30.97 points, or 0.45 percent, to close at 6,853.29, while the broader all-shares index rose 10.43 points, or 0.29 percent, to 3,570.89.
Philstocks Financial Inc. research analyst Claire Alviar said investors sought bargains after last Friday’s steep decline.
The index traded higher in the morning session and even went above 6,900 level....
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Philippine stocks bounced back strongly Friday to return to the 6,900 level after several days of decline.
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The Philippine Stock Exchange index...
Philippine stocks closed lower for the third straight trading day on expectations that interest rates will remain high for an extended period after February...