The Philippine Stock Exchange index (PSEi) surged to a historic high this Thursday after it closed at 3,902.56.
The index gained 97.83 points or 2.57 percent today, extending its rally for the eighth straight day.
For the last eight days, the PSEi gained a total of 343.89 points or 9.66 percent.
Year-to-date, the PSEi grew by 849.88 points or 27.84 percent.
Value turnover Thursday reached P6.4 billion.
“The PSEi broke new records on the back of robust economic indicators which solidifies the Philippine economic resiliency story. We continue to be inspired by the market’s performance which supports the reforms we have put in place,†PSE president and chief executive officer Val Antonio B. Suarez pointed out.
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