Philippine stocks closed above the 6,500 level on continued bargain hunting while the peso continued to lose value to finish at 57.19 against the US dollar Thursday.
The bellwether Philippine Stock Exchange index added 73.15 points, or 1.13 percent to finish at 6,523.19, while the broader all-shares index gained 26.30 points, or 0.77 percent, to reach 3,456.32.
Rizal Commercial Banking Corp. chief economist Michael Ricafort said the index rebounded for the...
Stocks extended their gains Thursday after data suggesting that US inflation may be stabilizing provided some fresh cheer.
The Philippine Stock Exchange Index increased 92.62...
Stocks retreated Tuesday as investors grew increasingly concerned about the Federal Reserve’s plans to wind back its financial support measures and lift interest rates...
