The Philippine Stock Exchange index (PSEi) continued its bull run yesterday, reaching and breaking the 6,000-point mark for the first time in 86 years of stock trading. Investors locally and abroad were elevated by the positive economic news.
The PSEi rallied by 1.23 percent, or 73.46 points, to post another record close at 6,044.91, which is also the new intraday high.
“Indeed it is more fun at 6,000 and we look forward to setting new records this year.”
Traders flashed the “More Fun at 6,000″ and the number seven (7) signs on the trading floor yesterday (in the photo above) indicating the next crucial index ceiling.