Peso, stocks end week up as investor sentiment rises

By The Manila Times

Oct 19, 2024 12:23 am

THE peso and stock market ended the week on a positive note with sentiment said to have been boosted by rate cut prospects and optimism over third-quarter (Q3) corporate earnings.

The currency strengthened by 28.9 centavos to P57.511 while the benchmark Philippine Stock Exchange index added 15.40 points, or 0.21 percent, to close Friday at 7,415.73.

Already have an active account? Log in here to continue reading.
Or
Subscribe to the Premium Subscription plan to access this subscriber-exclusive article.

Related Articles

2024 inflation within target

Reserves goal missed as BSP supports peso

Fed's top regulatory official to resign early

Peso snaps decline but stock market ends rally

NG debt hits new record of P16.09T

Pasay 360: A closer look at PBBM's legacy for PH's sustainable economic development

Manufacturing output contracts in November