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September Remittance Data Boosts Stocks

PHILIPPINE SHARES rose on Tuesday after data showed that remittances from abroad Filipinos surged in September. On Tuesday, the benchmark Philippine Stock Exchange index (PSEi) increased 64.18 points, or 1.01%, to close at 6,418.94, while the broader all-shares index rose 26.99 points, or 0.8%, to 3,379.58. “The local market maintained its upward momentum for the […]

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