Share prices ended firmer minutes before the Bangko Sentral ng Pilipinas released its latest monetary policy decision on Thursday.
The bellwether PSEi gained 69.06 points or 1.14 percent to settle at 6,113.19. After the close of trade, the BSP announced it has decided to keep policy rates unchanged, against market expectations of a 25-basis point cut.
The broader All Shares index rose 28.54 points or 0.79 percent to 3,647.73. Gainers edged losers 113 to 86, with 44 stocks unchanged. Trading turnover reached P6.08 billion.
Author
- Advertisement -
