PHL stocks extend climb ahead of US CPI report - BusinessWorld Online

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The benchmark Philippine Stock Exchange index (PSEi) climbed by 42.01 points or 0.71% to close at 5,895.64, while the broader all shares gained 9.17 points or 0.29% to finish at 3,164.75. READ:

ation go unchecked could outweigh the risks that could emanate from further tightening.

Meanwhile, Philstocks Financial, Inc. Research Analyst Claire T. Alviar said index heavyweights pulled up the market despite negative sentiment and cautiousness ahead of the release of US CPI data overnight. Back home, all sectoral indices went up on Thursday except for mining and oil, which declined by 60.04 points or 0.57% to close at 10,353.79.

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