PSEi ends in green again

After a six-day losing streak, the local bourse managed to end in the green for the second straight day despite the country’s inflation picking up in January.

The benchmark Philippine Stock Exchange index (PSEi) surged by 1.74 percent or 125.95 points to finish at 7,352.85, while the wider All Shares climbed by 1.41 percent or 60.36 points to end at 4,354.25.