PH stocks recover, peso keeps footing vs. US dollar
MANILA - Positive sentiments reigned in the local bourse on Thursday despite the geopolitical concerns overseas, while the peso managed to keep its stance against the US dollar. The Philippine Stock Exchange index (PSEi) recovered and rose by 1.15 percent, or 84.07 points, to 7,388.09 points. All Shares followed with a jump of 0.97 percent, or 37.68 points, to 3,918.42 points. Mining and Oil surged by 4.83 percent and was trailed by Services, 2.35 percent; Holding Firms, 1.10 percent; Property, 1.05 percent; Industrial, 0.88 percent; and Financials, 0.21 percent. Volume reached 1.82 billion sh...