PSEi nears ‘inflection point,’ but health crisis still a major drag

The local stock barometer ended the week on an upbeat note as concerns over major central banks’ withdrawal of monetary stimulus diminished. The Philippine Stock Exchange index (PSEi) added 46.49 points or 0.67 percent to close at 6,970.51 on Friday. For the week, the main index added 73.38 points or 1 percent despite the rise …

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