Latest Breaking News On - Long with optimism about the domestic economy 39s 2023 output also buoyed peso against us dollar pna file graphics manila on united states 39 retail sales as well this year lifted sentiments in local bourse - Page 1 : vimarsana.com
UP.Expectations for positive producer price index (PPI) and retail sales reports in the US for December 2022 further lifted the local bourse's main index on Wednesday (Jan. 18, 2023). Sustained rise of the main index, along with optimism about the domestic economy's 2023 output also buoyed the peso against the US dollar. (PNA file graphics) MANILA - Optimism on the United States' retail sales as well as domestic output this year lifted sentiments in the local bourse, which also benefited the local currency on Wednesday. The Philippine Stock Exchange index (PSEi) sustained its climbed and rose by 1.15 percent, or 80.82 points, to 7,094.86 points. All Shares followed with a jump of 0.95 percent, or 34.59 points, to 3,692.51 points. All the sectoral gauges also gained during the day, led by the Services after it inched up by 3.36 percent. It was trailed by the Industrial, 1.49 percent; Mining and Oil, 0.78 percent; Financials, 0.60 percent; Property, 0.54 percent; and Holding