Stocks advance on lower inflation report

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Indonesia Berita Berita

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Defining the News

The local stock market sustained its upward momentum Tuesday as investors welcomed the better-than-expected inflation rate data.

China Bank Capital managing director Juan Paolo Colet said index continued its rebound as the low October inflation boosted expectations the Bankgo Sentral ng Pilipinas would not implement a rate hike for the remainder of the year.

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