Inquirer
PSEi rises on Trump hints of easing China tariffs
The Philippine Stock Exchange Index (PSEi) rose by 1.79 percent, or 110.27 points, to settle at 6,268.75 on Friday, driven by US President Trump's hints of easing tariffs on China.
The All-Shares index also climbed by 1.02 percent, or 37.44 points, to 3,695.69.
This positive performance reflects an improved global trade outlook and investor sentiment.
All sub-sectors ended in the green except for mining and oil, which saw a slight dip.
Property and services indices were the leading gainers.
Over 1.4 billion shares valued at P6.74 billion were traded, with 117 advancers and 79 decliners.
BDO Unibank Inc., Universal Robina Corp., Ayala Land Inc., Bloomberry Resorts Corp., SM Investments Corp., and International Container Terminal Services Inc. were among the most actively traded stocks.
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