PSEi extends gains on softer inflation

Inquirer.net 17 min Philippines

MANILA, Philippines — Philippine stocks extended gains on Friday as investors welcomed a slight easing in inflation, though thin trading and lingering interest-rate concerns kept sentiment cautious. The benchmark Philippine Stock Exchange Index (PSEi) gained 0.35 percent, or 21.18 points, to close at 6,090.60. READ: Inflation eases to 6.1% in August Michael Ricafort, chief economist

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