Philippine stocks edge up on bargain hunting

Posted 1 hour ago by

BusinessWorld Online

PHILIPPINE STOCKS advanced on Monday as investors bought cheap shares after Friday’s drop while staying cautious amid lingering geopolitical concerns. The Philippine Stock Exchange index (PSEi) rose by 0.43 or 25.88 points to close at 5,986.85, while the broader all shares index went up by 0.44 or 15.06 points to end at 3,388.43. “The local []