PSEi ends at 7,000 level as Fed rate cut looms
THE MAIN INDEX on Thursday closed above 7,000 for the first time since February 2023 as August US consumer inflation data bolstered expectations of a US Federal Reserve rate cut next week and amid strong foreign buying. The Philippine Stock Exchange index (PSEi) rose by 1.14% or 79.79 points to end at 7,024.67 on Thursday, […]
Tomas Kauer - News Moderator 
THE MAIN INDEX on Thursday closed above 7,000 for the first time since February 2023 as August US consumer inflation data bolstered expectations of a US Federal Reserve rate cut next week and amid strong foreign buying. The Philippine Stock Exchange index (PSEi) rose by 1.14% or 79.79 points to end at 7,024.67 on Thursday, […]
