The local stock barometer gained on Wednesday ahead of a much awaited US Federal Reserve update on monetary policy and on the first trading day after the 2014 State of the Nation Address delivered by President Benigno Aquino.
The local stock barometer slightly dipped on Tuesday as investors lacked fresh leads while the “ghost month” loomed near.
The local stock barometer firmed up on Monday, tracking relatively buoyant regional markets in turn backed by optimism on US corporate earnings.
The local stock index slipped for the second straight session as lofty prices drove more profit-taking.
The local stock barometer got a boost on Wednesday from upbeat factory data out of the world’s two largest economies.
