PHILIPPINE SHARES may move sideways as trading resumes after a two-week break as investors weigh geopolitical risks and domestic March inflation data that could reflect the initial impact of the Iran conflict on the economy.
On Wednesday, the Philippine Stock Exchange index (PSEi) rose by 0.83% or 49.74 points to close at 5,998.68, while the broader all shares index went up by 0.59% or 19.68 points to end at 3,353.60.
Week on week, the PSEi went up by 25.85 points from its March 27 finish of 5,972.83.
Support authors and subscribe to content
This is premium stuff. Subscribe to read the entire article.
Login if you have purchased
