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Market Wrap: PSEi tests 6,700 as Biden leads US election

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The Philippine Stock Exchange index gains 2.8% on Thursday, November 5, marking a 4-day winning streak. Investors continue to watch the US presidential race. Elections2020 USVote Vote

The PSEi closed at 6,644, gaining 2.8%, marking a 4-day winning streak, with most counters in the green.

However, Rastine Mercado of Chinabank Securities noted that US President Donald Trump's premature victory claim"adds" to uncertainties and may likely spur volatility in the days ahead.

 

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