Stocks retesting 7,000 fall short; peso gains anew

by Earl John Alfaro - Niña Myka Pauline Arceo

Aug 28, 2024 12:43 am

THE local stock barometer inched toward the 7,000-point level on Tuesday with an intraday high of 7,008.87 but closed at 6,973.41 as investors cheered for the US Federal Reserve's (Fed) signal of monetary policy easing soon.

The local currency also opened the week stronger against the greenback.

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