MANILA -The benchmark Philippine Stock Exchange index (PSEi) advanced on Thursday as BDO Unibank Inc. led gains by large banking stocks. The PSEi rose 0.66 percent, or 43.44 points, to 6,583.68 while the broader All Shares index added 0.48 percent, or 16.60 points, to 3,508.86. "Philippine shares started the month-end window dressing early, closing in the green, shrugging off worries around First Republic's health [which] spurred fears of a broad fallout similar to what happened in the wake of [Silicon Valley Bank's] collapse," Luis Gerardo Limlingan, head of sales at stock brokerage house Regina Capital Development, said in a note to investors. Major corporate developments domi...
Keep on reading: Banks lift PSEi as investors go window dressing
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