Manila Bulletin·2 min read·medium
PSEi bounces after US-Iran talks continue despite airstrikes
J
James A. Loyola
✦AI Summary
The Philippine Stock Exchange index rose by 1.01% as investor sentiment improved following eased US-Iran tensions. Market gains were supported by positive regional performance and bargain hunting after a previous correction.
The Philippine Stock Exchange index (PSEi) resumed its upward trajectory on Friday, July 10, after the previous trading day’s breather, as easing United States (US)-Iran tensions and a vote of confidence in the Philippine economy from US aid agency Millennium Challenge Corp. (MCC) lifted investor sentiment.
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