PSEi climbs to 6,465 as BSP easing lifts sentiment

MANILA, Philippines — The Philippine Stock Exchange Index (PSEi) climbed on Friday as investors cheered the Bangko Sentral ng Pilipinas’ latest interest rate cut. Meanwhile, foreign funds returned to the market, helping extend the rally. The benchmark PSEi rose 0.9 percent or 57.97 points to close at 6,465.12.  The advance was driven largely by optimism