Philippine stocks rebounded Wednesday on last-minute bargain hunting, narrower trade deficit in March and positive employment data.
The 30-company Philippine Stock Exchange index rose 40.60 points, or 0.61 percent, to close at 6,659.18, while the broader all-shares index climbed 10.82 points, or 0.31 percent, to 3,516.57.
Philstocks Financial Inc research analyst Claire Alviar said the positive employment data bolstered investor sentiment.
Alviar said while the government reported that unemployment rate in March...
BDO Unibank Inc., the country’s largest lender controlled by the Sy Group, said Friday it raised P52.7-billion worth of peso-denominated fixed-rate ASEAN Sustainability Bonds...
NextPay, a homegrown financial technology startup backed by the Sy family and the Ayala Group, expects its growth momentum to continue in 2022 after...
