PSEi extends gains on fresh rate cut hopes

MANILA, Philippines – The local stock barometer started the trading week in the positive territory, fueled by expectations of another rate cut early next year. The Philippine Stock Exchange Index (PSEi) extended its gains on Monday, rising by 0.35 percent, or 21.30 points, to finish at 6,058.02. READ: PSEi seen trekking toward 6,200 The broader