PSEi advances on eased restrictions
The Philippine Stock Exchange index (PSEi) advanced on Wednesday, rising 97.34 points or 1.32% to close at 7,458.99.
This follows Monday's gains where the PSEi climbed by 109.68 points or 1.51%, closing at 7,361.65 due to eased mobility restrictions in Metro Manila and improving COVID-19 conditions.
Analysts cited the easing of social restrictions in selected areas including NCR as fueling investor optimism towards economic recovery.
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