Any Ideas are Welcome : Today's News

The benchmark Philippine Stock Exchange Index (PSEi) rebounded above the 7,000 level after bargain hunters scooped up shares, halting a four-day decline. The PSEi ended Thursday's session up 1.23 percent, or 85.48 points, to 7,032.54 while the broader all-shares index gained 1.02 percent, or 38.12 points, to 3,772.50. Foreign investors, however, continued to cut their holdings with net sales of P1.02 billion on Thursday. Global stocks were dragged lower due to worries over the spread of the Omicron variant. The discovery of the first Omicron case in the United States also triggered a selloff in Wall Street overnight. "According to [the World Health Organization] the heavily m...

Keep on reading: PSEi climbs back to 7,000 as investors comb battered market for bargains
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