By: Doris Dumlao-Abadilla - Reporter / @philbizwatcher Philippine Daily Inquirer / 04:07 AM June 02, 2020
The local stock barometer started the week with fresh optimism, tracking regional markets that were perked up by the better-than-expected factory gauge in China.
The Philippine Stock Exchange index (PSEi) racked up 91.33 points, or 1.56 percent, to close on Monday at 5,930.17, extending last Friday’s upswing as foreign investors remained net buyers. It was also the first day that Metro Manila shifted to more relaxed quarantine protocols, indicating the reopening of the economy.
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