PSEi recovers amid faster-than-expected December inflation print

ABS-CBN News

Posted at Jan 07 2020 05:39 PM

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Here's your daily update from the Philippine Stock Exchange.

Philippine shares recovered alongside Asian peers as concerns about a further deterioration in the situation in the Middle East faded. The main index climbed back above the 7,800 level following the release of the country's December inflation print. An analyst believes investors are looking to move on from regulatory issues plaguing some firms.