MANILA, Philippines – The local stock barometer settled just below 6,100 on Wednesday as optimism over the central bank’s next move intensified, especially after inflation in September had ended slower than expected. By the end of the session, the benchmark Philippine Stock Exchange Index (PSEi) gained 0.25 percent, or 14.91 points, to close at 6,098.74.
MANILA, Philippines – Consumer prices climbed in September at their fastest pace in six months, driven by surging food costs after a series of storms that flooded farms and destroyed crops—a setback seen to make the Bangko Sentral ng Pilipinas (BSP) more guarded in its next policy steps. Inflation, as measured by the consumer price
MANILA, Philippines — Investors were quick to take advantage of lower priced stocks on Tuesday, with the local bourse lighting up green after the inflation rate turned out to be lower than expected. By the closing bell, the benchmark Philippine Stock Exchange Index (PSEi) recovered by 1.39 percent or 83.51 points to end at 6,083.83. Likewise,
