PSEi seen extending climb due to optimism on economy

By Faye Almazan

Dec 20, 2021 12:07 am

The Philippine bourse is seen extending its climb this trading week to be driven by the improving local pandemic situation and the optimism on the economy.

Last week, the Philippine Stock Exchange index (PSEi) gained 0.89 percent or 64.40 points close at its intraday high of 7,297.66 on Friday amid last minute buying.

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