Stocks advance ahead of BSP meeting

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Bangko Sentral Ng Pilipinas Noticias

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Share prices sustained their climb for a second consecutive session as investors continued their bargain hunting while waiting for the Bangko Sentral ng Pilipinas meeting this week.

The Philippine Stock Exchange index improved by 0.42 percent or 26.59 points to end at 6,299.05, while the broader All Shares index rose by 0.98 percent or 33.32 points to settle at 3,441.09.MANILA, Philippines — Share prices sustained their climb for a second consecutive session as investors continued their bargain hunting while waiting for the Bangko Sentral ng Pilipinas meeting this week.

Claire Alviar of Philstocks Financial said the local bourse extended its gains yesterday as investors continued to hunt for bargain stocks. JG Summit Holdings led the index members with a 6.27 percent gain while Monde Nissin recorded the biggest loss at 4.5 percent.#PhilstarPicks: Honor every type of dad with these finds from UrbanizeA total of $19 billion worth of investments pledged during the foreign trips of President Marcos have already been actualized...

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