Manufacturing data boosts PH stocks

By Ed Paolo Salting

Sep 03, 2022 12:21 am

THE Philippine Stock Exchange index (PSEi) jumped up by 104.37 points, or 1.58 percent, to close at 6,692.65 on Friday.

Claire Alviar, research associate at Philstocks Financial Inc., said the index returning above the 6,600 levels was boosted by further improvement of the manufacturing sector with the Standard and Poors Global Philippine Purchasing Managers Index improving to 51.2 in August, higher than July's 50.8 figure.

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