The benchmark Philippine Stock Exchange Index (PSEi) saw a rebound on thin volume on Friday after three concussive sessions of declines, lifted by bargain hunters and rosy comments from incoming finance chief, Benjamin Diokno, on the country's mounting deficit. By the closing bell, the PSEi added 0.82 percent, or 54.57 points, to 6,741.40 while the broader all-shares index rose 0.58 percent, or 20.73 points, to 3,602.52. Trading volume continued to wane ahead of the weekend, with 1.1 billion shares valued at P4.61 billion changing hands. The session also saw a net inflow of foreign buying to the tune of P15.2 million. Diokno said they would work with the present taxation regime ...
Keep on reading: Bargain hunters lift PH stocks on thin volume
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Keep on reading: Bargain hunters lift PH stocks on thin volume
from INQUIRER.net https://ift.tt/VKq2mQv
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