By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.
MANILA, Philippines – Local stocks extended their winning streak to a sixth straight session on Wednesday as investors continued to accumulate shares despite lingering concerns over rising tensions in the Middle East.
The benchmark Philippine Stock Exchange Index (PSEi) gained 28.66 points, or 0.46 percent, to close at 6,275.77.
READ: US launches new strikes on Iran after 3 ships hit in Strait of Hormuz
Michael Ricafort, chief economist at Rizal Commercial Banking Corp., said the PSEi gained for a sixth straight trading day and has now advanced in nine of the last 10 sessions.
