MANILA -The benchmark Philippine Stock Exchange index (PSEi) was relatively flat on Wednesday as investors waited for the latest US inflation reading that would have implications for global and domestic interest rates. By the closing bell, the PSEi shed 0.16 percent or 10.21 points, to 6,469.42 while the broader All Shares index was down 0.13 percent, or 4.59 points, to 3,475.27. "Philippine shares ended trading muted as investors shifted their focus to March's highly anticipated inflation report," Luis Gerardo Limlingan, head of sales at stock brokerage house Regina Capital Development, said in a note to investors on Wednesday. "Economists polled by Dow Jones predict that [cons...
Keep on reading: Philippine investors sit tight ahead of US inflation reveal
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Keep on reading: Philippine investors sit tight ahead of US inflation reveal
from INQUIRER.net https://ift.tt/v5jDMdi
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