Inflation momentum could lift PSEi higher

By Earl John Alfaro

Oct 07, 2024 12:23 am

THE stock market could continue moving higher this week, analysts said, building on momentum from last Friday's announcement of lower-than-expected September inflation.

The benchmark Philippine Stock Exchange index (PSEi), which plummeted to as low as 7,272.65 last Monday, managed to close at 7,467.92 last Friday — up 0.5 percent week-on-week.

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