Index flat as investors wait for rate hike signals
Published on: Wednesday 16 March 2022
MANILA, Philippines — Local stocks managed to inch up yesterday, recovering from deep losses early in the session, as investors await developments on interest rate hikes here and abroad. The benchmark Philippine Stock Exchange index or PSEi closed at 7,026.45, up 6.53 points or 0.09 percent, while the broader All Shares index rose 19.61 points or 0.53 percent to finish at 3,713.68. “Market closed flat, after trading deeply in the red throughout...
News source: https://www.msn.com/en-ph/news/national/index-flat-as-investors-wait-for-rate-hike-signals/ar-AAV8PII