Rate cut optimism lifts stocks

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Philippine Stock Exchange Новости

Share prices opened the week on a high note fueled by optimism for an interest rate cut by August.

The benchmark Philippine Stock Exchange index soared back above the 6,500-level, rising by 0.56 percent or 36.68 points to close at 6,529.43.MANILA, Philippines —

BDO and Bank of the Philippine Islands were among the biggest gainers among the index members, increasing by 4.47 percent and 2.94 percent, respectively.#PhilstarPicks: Boost your daily routine with these 8 practical and exclusive dealsLevel up your gaming and snacking experience with new Hershey's Choco Balls!The Philippine unemployment rate in May edged lower to 4.1% from 4.3% last year, suggesting a modest improvement in the job...

The stock market is seen resuming its climb this week as investors are expected to capitalize on the momentum provided by... The Center for Global Best Practices will host a two-session online training, titled “Best Practices Guide to Using Balanced Scorecard for Strategic Planning,” on July 25 and 26, from 9 a.m. to 12 noon...

 

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