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Investors Fuel Stock Boom

On Thursday, PHILIPPINE STOCKS inched higher as investors were optimistic that the economy can withstand monetary tightening. This optimism came after the central bank issued another significant rate hike. On Thursday, the broad-based all-shares index gained by 12.30 points, or 0.36%, to a level of 3,388.60, while the Philippine Stock Exchange index (PSEi) increased by…