Philippine stocks entered a bull market on Friday as investors bet on fading inflationary pressures and China's reopening, pushing up the country's benchmark index---Philippine Stock Exchange index (PSEi) to its highest level in nine months. The PSEi charged higher during the session, gaining 1.73 percent, or 118.01 points, to end at 6,961.54. The broader All Shares index also rose 1.38 percent, or 49.58 points, to 3,637.62. A bull market is typically called after stocks rise 20 percent from the recent low. On Friday, the PSEi was up nearly 22 percent since the Oct. 3, 2022 low of 5,699.30. "The market is pricing in a scenario where inflation may have already peaked," Jonath...
Keep on reading: Philippine stocks enter bull market territory
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Keep on reading: Philippine stocks enter bull market territory
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