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Stocks rebound after huge sell-off
The Philippine Star
|October 02, 2024
The stock market bounced back after a huge sell-off on Monday, snapping its two-day losing skid.
The benchmark Philippine Stock Exchange index gained by 1.48 percent or 107.67 points to close yesterday's session at 7,380.32, while the broader All Share index climbed by 1.14 percent or 44.68 points to 3,963.36.
Philstocks Financial research manager Japhet Tantiangco said positive spillovers from Wall Street amid the rate cut cues from US Federal Reserve chair Jerome Powell helped the market in its rise.
Esta historia es de la edición October 02, 2024 de The Philippine Star.
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