PSEi up on lower inflation

THE stock market climbed to the 8,200 level in early trading on Wednesday as market players took heart from the lower inflation and expectations of unchanged policy rates.

At the noon break, the benchmark Philippine Stock Exchange index (PSEi) rose by 1.68 percent or 135.65 points to 8,205.13. The broader All Shares grew by 1.34 percent or 65.69 points to 4,958.23.