PSEi rises to 7,200 level as Fed starts easing cycle

THE MAIN INDEX on Thursday rebounded and closed at the 7,200 level for the first time since March 2022 after the US Federal Reserve delivered a supersized rate cut to mark the start of its long-awaited easing cycle. The Philippine Stock Exchange index (PSEi) rose by 0.64% or 46.26 points to close at 7,202.16, while […]

PSEi rises to 7,200 level as Fed starts easing cycle
THE MAIN INDEX on Thursday rebounded and closed at the 7,200 level for the first time since March 2022 after the US Federal Reserve delivered a supersized rate cut to mark the start of its long-awaited easing cycle. The Philippine Stock Exchange index (PSEi) rose by 0.64% or 46.26 points to close at 7,202.16, while […]