PSEi edges past 6,000 on bargain hunting

MANILA, Philippines – Philippine stocks edged higher on Monday as bargain hunting lifted the market after last week’s losses, although investors stayed wary of global tensions. The benchmark Philippine Stock Exchange Index (PSEi) rose 0.28 percent or 16.9 points to close at 6,016.03. READ: psei-seen-sticking-near-6000-this-week Luis Limlingan, head of sales at stock brokerage house Regina Capital Development Corp., said sentiment stayed cautious after Iran threatened retaliation over the United States seizure of a cargo ship. Tehran’s participation in peace talks in Pakistan is still unconfirmed. Philstocks Financial research manager Japhet Tantiangco said the local bourse rebounded as investors picked up […]... Keep on reading: PSEi edges past 6,000 on bargain hunting

Go to News Site