THE stock market jumped to a one-month high on Monday as investors cheered the news that Japan had vowed to support the Philippines’ infrastructure projects, alongside cuts in the reserve requirement ratio (RRR) and expectations of a lower inflation rate.
The benchmark Philippine Stock Exchange index (PSEi) climbed by as much as 2.13 percent or 169.72 points to 8,139.74 at intraday trading, but a last-minute selloff pared gains to end the day