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× Stocks extend climb on Fed, BSP rate cut bets

PHILSTAR/KRIZ JOHN ROSALES LOCAL SHARES extended their gains on Thursday as investors continued to price in possible rate cuts by the US and local central banks.
The 30-member Philippine Stock Exchange index (PSEi) gained 76.28 points or 0.94% to close at 8,154.49 yesterday. The broader all-shares index also went up 35.80 points or 0.72% to 4,957.97
“Our index finished strong today after news from…

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