PSEi soars to 6,950 amid bargain hunting, stead policy rates | ANC

Rundown: Philippine shares stage a recovery after posting losses on Thursday, soaring back above the 6,900 level. Sun Life Philippines' Ritchie Teo says a confluence of factors led to the market rally, including the Philippine Central Bank holding key interest rates, and progress on U.S.' infrastructure plan. Teo sees more upside in the long-term with earnings are expected to improve.

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