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STOCKS: PSEi up as positive earnings trigger bargain hunting

STOCKS: PSEi up as positive earnings trigger bargain hunting

Share prices bounced back on Wednesday, ending three straight sessions of declines, with investors picking up bargains on improved sentiment following large companies’ positive earnings results. RCBC chief economist Michael Ricafort said sentiment was lifted by “mostly better sales and earnings reports from many of the country’s largest listed firms, which fundamentally support valuations.” The [...]The post STOCKS: PSEi up as positive earnings trigger bargain hunting appeared first on Malaya Business Insight.

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