News Formal

Philippine stocks extend gains for third day

  • 📰 MlaStandard
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 55%

Россия Новости Новости

Россия Последние новости,Россия Последние новости

Local stocks advanced for the third day even as the government reported inflation rate quickened to 5.3 percent in August

The 30-company Philippine Stock Exchange index rose 10.32 points, or 0.17 percent, to close at 6,225 on Tuesday, while the broader all-shares index inched up 3.7 points to settle at 3,360.14.

Rizal Commercial Banking Corp. chief economist Michael Ricafort said the market welcomed the government’s implementation of a temporary price ceiling on rice which took effect Tuesday, as this would curb inflationary pressures. Investors also cheered the recent stimulus measures implemented by China to boost its fragile economy.

Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 20. in RU
 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

SEC: Local stock market to get boost from short sellingThe Securities and Exchange Commission (SEC) on Monday said it is banking on the potential of short selling to boost trading activity in the country’s equities market. “We are pushing to align the short selling environment with the major Asian markets, which has the potential to promote liquidity, stabilize the…
Источник: BusinessMirror - 🏆 19. / 59 Прочитайте больше »