Big-cap stocks were bought up Thursday as investors welcomed fresh rate cuts from both the US Federal Reserve and the Bangko Sentral ng Pilipinas (BSP). The market opened firmer after the Fed trimmed its policy rate by 25 basis points ahead of the local session. Gains extended toward midday on expectations of a similar move [...]The post STOCKS: PSEi up with pared gains as market cheers Fed, BSP rate cuts appeared first on Malaya Business Insight.
STOCKS: PSEi up with pared gains as market cheers Fed, BSP rate cuts
