Philippine Stock Exchange (PSE) index increased 0.04% to 6,967.96, marking its third consecutive day of gains, driven by foreign inflows.
The Philippine Stock Exchange (PSE) index increased 0.04% to 6,967.96, marking its third consecutive day of gains, driven by last-minute bargain hunting. The broader All Shares index dipped 0.10%. Foreign funds contributed to the rise, with foreigners being net buyers with net inflows of P630.22 million. The market's sideways movement was attributed to investor caution awaiting the US's consumer price index, which may give insight into the Federal Reserve's policy outlook.
March 14, 2024
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