The local stock barometer inched up to the 6,800 level on Tuesday as a regional upswing prevailed over initial jitters on the higher-than-expected Philippine inflation data for November.
Reversing losses in early trade, the main-share Philippine Stock Exchange index gained 29.73 points or 0.44 percent to close at 6,806.14 on selective buying of large-cap stocks.
The day’s rebound was led by the property counter, which rose by 1.42 percent while holding firms also gained.
On the other hand, the financial, industrial, services and mining/oil counters all declined
Read more: https://business.inquirer.net/220864/psei-retests-6800-2
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