Bullish market lifts PSE Q1 profit by 50%

MANILA, Philippines –  The Philippine Stock Exchange Inc. (PSE) nearly doubled it first-quarter net income on stronger trading activity and higher service revenues amid a bullish local market earlier this year. In a statement, the local bourse operator said first-quarter net income climbed 49.9 percent to P381.71 from P254.67 million a year ago. Operating revenues