Tariff pause and bargain hunt lift PSEi past 6,400

Tariff pause and bargain hunt lift PSEi past 6,400

MANILA, Philippines — Investors were energized enough to push the Philippine Stock Exchange Index (PSEi) back to the 6,400 level on Wednesday. This was after US President Donald Trump decided to delay his latest tariff threat. By the closing bell, the benchmark PSEi had added 0.64 percent, or 41.18 points, to 6,425.8. Also, the broader

PH stocks rise after another US tariff pause

he PSEi rose after the US announced another pause in the implementation of tariffs on products from the European Union. The main index added 41.18 points or 0.64 percent to close at 6,425.80 as Banks led gains accross the board. Volume improved to 601 million shares worth P6.3 billion as gainers outnumbered losers 118 to 80 with 48 unchanged. “Philippine shares tracked US performance as investor's risk appetite renewed on tariff pause. Wall stre…