PSEi sets new record close
The Philippine Stock Exchange index (PSEi) closed at a new record at 7,689.91, up by 72.61 points or 1.0 percent on Friday, surpassing the January 28 record at 7,661.18.
Since the start of the year, the PSEi has had seven record finishes.
“The market has remained resilient buoyed by investor confidence on expectations that the economy will continue to do well,” PSE President and CEO Hans B. Sicat said.
Year-to-date, the PSEi is up 6.4 percent.
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