THE BELLWETHER INDEX climbed for a third straight day on Tuesday to end above the 6,900 mark on expectations of continued monetary policy easing by the Bangko Sentral ng Pilipinas (BSP).
The Philippine Stock Exchange index (PSEi) rose by 0.79% or 54.89 points to finish at 6,944.76 on Tuesday, while the broader all shares index climbed by 0.61% or 22.64 points to end at 3,729.09.
This was the PSEi’s highest close in over four months or since it ended at 6,960.43 on April 2.
Support authors and subscribe to content
This is premium stuff. Subscribe to read the entire article.
Login if you have purchased
