Stocks advance on lower inflation report

Defining the News

The local stock market sustained its upward momentum Tuesday as investors welcomed the better-than-expected inflation rate data.

China Bank Capital managing director Juan Paolo Colet said index continued its rebound as the low October inflation boosted expectations the Bankgo Sentral ng Pilipinas would not implement a rate hike for the remainder of the year.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

MlaStandard /  🏆 20. in PH

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Muntinlupa wins sustainable city award - Manila StandardDefining the News
Read more »

Regulators urged to enhance cyberprotectionDefining the News
Read more »

QC offers incentives for supporting LGU - Manila StandardDefining the News
Read more »

Yassi Pressman gratefully returns to GMA as leading lady in ‘Black Rider’Defining the News
Read more »

Road to 100 and beyond - Manila StandardDefining the News
Read more »

Veterans back as Pirates use outside sniping to sink KnightsDefining the News
Read more »