MANILA, Philippines – The local stock barometer settled just below 6,100 on Wednesday, driven by growing optimism over the central bank’s next move. This positive sentiment was especially strong following the release of September inflation data, which showed a slower-than-expected increase.
By the end of the trading session, the benchmark Philippine Stock Exchange Index (PSEi) gained 0.25 percent, adding 14.91 points to close at 6,098.74.
https://business.inquirer.net/551575/psei-nears-6100-as-bargain-hunters-relish-benign-inflation