Wall Street powers PSEi rally

By Eireene Jairee Gomez

May 06, 2022 12:22 am

PHILIPPINE shares remained in the green on Thursday, thanks to the positive spillovers from Wall Street.

The benchmark Philippine Stock Exchange Index (PSEi) climbed 0.97 percent, or 66.19 points, to 6,868.92, while the broader all-shares index was up 1.33 percent, or 48.17 points, to 3,663.16.

Federal Reserve Chairman Jerome Powel (Photo by WIN MCNAMEE / GETTY IMAGES NORTH AMERICA / Getty Images via AFP)

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