Any Ideas are Welcome : Today's News

The benchmark Philippine Stock Exchange Index (PSEi) ended relatively flat on Wednesday while property stocks moved higher as investors anticipated foot traffic returning to malls in time for the Christmas spending frenzy. The PSEi rose 0.24 percent, or 17.94 points, to 7,419.10 as the broader all-shares index dipped 0.05 percent, or 2.1 points, to 3,935.54. Subindices were little-changed save for the property sector, which closed the session up by 1.17 percent. SM Prime Holdings Inc., a leading developer and the largest operator of shopping malls, gained 1.76 percent to P37.50 per share. With the economy reopening, analysts expect malls to benefit from weary consumers who, e...

Keep on reading: Christmas comes early for property stocks
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