PSEi up 0.73% due to positive PH economic data

By Ed Paolo Salting

Oct 04, 2022 12:18 am

THE local market climbed this Monday by 42.08 points (0.73 percent) to close at 5,783.15 as last-minute bargain hunting pushed the main index upward.

According to Philstocks Financial Research and Engagement Officer Mikhail Plopenio, this came after the Philippine Stock Exchange index (PSEi) traded in the red territory for the most part of the day. As a result, the PSEI was able to sustain its position above its immediate support which is at the 5,700 level.

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