PSEi climbs to 7,800 as investors cheer lower inflation

Jan 04, 2019 12:47 pm

THE stock market jumped to the 7,800 territory in early trading on Friday as investor sentiment was buoyed by the lower-than-expected inflation figure.

At the noon break, the Philippine Stock Exchange index (PSEi) increased by 1.57 percent or 120.90 points to 7,801.50, while the broader All Shares grew by 1.19 percent or 55 points to 4,665.28.

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