3 days PSEi surges 7.44%; investors cheer news of $2-T US spending program Inquirer |Biz
Corporate Philippines regained P548.35 billion from the local stock market on Thursday as bargain hunters took heart from an upcoming $2-trillion COVID-19 US spending program, thus driving the sharpest rally seen in 13 years. The main-share Philippine Stock Exchange index (PSEi) recouped 373.82 points, or 7.44 percent, to close at 5,401.58 points, gaining for the […] The post PSEi surges 7.44%; investors cheer news of $2-T US spending program appeared first on Inquirer Business. ... more