The PSE index, the 30-company benchmark of the Philippine Stock Exchange, picked up 9 points, or 0.2 percent, to close at 5,904.75 as four of the six subsectors advanced.
The hotly awaited US inflation report showed prices rose last month at a faster clip than expected despite a series of interest rate increases this year, which have fanned fears of a global recession. Some said the initial selling may have been a knee-jerk reaction before traders accepted the data was not as bad as other recent reports, while technical factors were also flagged.
“Monetary policy is quickly getting restrictive and that will undoubtedly send inflation lower. It looks like rates will peak slightly above five percent and for some that is good enough of a reason to get back into stocks.”Tokyo piled on more than three percent, while Hong Kong, Seoul, Taipei, and Mumbai added more than two percent. There were also big gains in Sydney, Singapore, and Wellington.
The pound’s stronger position came despite Prime Minister Liz Truss’s insistence that there would be no more U-turns, after she was previously forced to scrap a plan to cut the higher rate of income tax.
ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว
Similar News:คุณยังสามารถอ่านข่าวที่คล้ายกันนี้ซึ่งเรารวบรวมจากแหล่งข่าวอื่น ๆ ได้
แหล่ง: bworldph - 🏆 9. / 68 อ่านเพิ่มเติม »
แหล่ง: MlaStandard - 🏆 20. / 55 อ่านเพิ่มเติม »