PSEi up as China-US trade deal hopes rise

Jan 19, 2019 12:22 am

THE stock market returned to 8,000 level anew on Friday, tracking a global rally spurred by reports that the US could lift tariffs on China.

The benchmark Philippine Stock Exchange index (PSEi) jumped by 1.51 percent or 119.92 points to close at 8,047.12. The wider All Shares grew by 1.29 percent or 61.08 points to finish at 4,804.92.

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