PSEi edges up as late bargain hunting offsets weak sentiment

PSEi edges up as late bargain hunting offsets weak sentiment

MANILA, Philippines – Local stocks ended barely higher on Friday as last-minute bargain hunting lifted the market, although investors largely stayed on the sidelines amid lingering concerns over the domestic economic outlook. The benchmark Philippine Stock Exchange Index (PSEi) inched up by 0.02 percent, or 1.18 points, to close at 6,072.24. READ: S&P cuts PH growth