The stock barometer firmed up on Wednesday as the market doldrum in the last two days attracted bargain hunters. The main-share Philippine Stock Exchange Index (PSEi) added 25.07 points, or 0.38 percent, to close at 6,643.45. Outside the PSEi, one outperformer was Manila Jockey Club, whose shares surged 16.28 percent after announcing its decision to exit the horse racing business after 155 years. It was the biggest advancer for the day. Overall, the market's gains were led by the property and mining/oil counters, which both advanced by over 1 percent. The financial and holding firm subindices likewise inched up by less than 1 percent. The services and industrial counters dipp...
Keep on reading: Traders comb market for cheap equities after 2-day slump
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Keep on reading: Traders comb market for cheap equities after 2-day slump
from INQUIRER.net https://ift.tt/eo6hOdi
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