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business.inquirer.net PSEi adds 0.22% as investors pick clues from earnings reports

Shares of broadcasting giant ABS-CBN Corp. rebounded by 20.44 percent on Thursday on speculation that a shutdown might be averted by a last-minute push in Congress to pass a law renewing its franchise.

The Philippine Stock Exchange index (PSEi), meantime, climbed to the 7,400 level.

The main-share PSEi added 16.06 points or 0.22 percent to close at 7,413 as investors picked up clues from the…
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