PSEi up on stronger US corporate earnings; peso ends sideways
TRADING STRONGER. The local stock barometer surges Wednesday (April 20, 2022) on the back of stronger than expected US corporate earnings. The Philippine peso closed almost unchanged. MANILA - The Philippine Stock Exchange index (PSEi) ended Wednesday's trading stronger, while the local currency traded sideways. The PSEi closed the day's trading higher by 1.49 percent, or 104.68 points, to 7,142.42. All shares also rose by 0.91 percent to 3,777.13, up by 34.21 points, from Tuesday. Except for Mining and Oil, the rest of the counters gained on this day's trading, with improvements f...