PSEi up anew, peso stays firm vs USD

PSEi closed at a new all-time high of 8,312.93 up 56.65 points or 0.69 percent on October 3, 2017. (Photo Courtesy: Philippine Stock Exchange, Inc.)

MANILA — The Philippine Stock Exchange index (PSEi) registered an uptick of 0.69 percent, or 56.65 points, to 8,312.93 points, which a trader pointed to profit taking.

The broader All Shares followed with the 0.51 percent, or 24.64 points, increase to 4,892.00 points.

Most of the sectors registered gains with Services leading the group after it went up 1.18 percent followed by the Financials, 1.03 percent; Holding Firms, 0.53 percent; Property, 0.38 percent; and Industrial, 0.08 percent.

Volume for the day hit 1.47 billion shares amounting to PHP7.25 billion.

Advancers led decliners at 105 to 94 while 55 stocks were unchanged.

The peso finished the day at 51.05 from 51.08 a day ago.

It opened the day weaker at 51.23 from 50.90 a day ago.

It improved to as much as 51.04 but also pulled to 51.26, bringing the day’s average to 51.178.

Volume for the day reached USD 792.8 million, down from the USD 888 million a day ago. (PNA)

Popular

PCO to fake news peddlers: We will not let you get away

By Brian Campued “We will not let you get away with a crime. We will go after you and hold you to account.” This was the...

PBBM welcomes Japanese auto manufacturer’s plans to produce hybrid cars on PH soil

By Darryl John Esguerra | Philippine News Agency The Philippines is set to manufacture its first locally produced hybrid electric vehicles (HEVs) after Mitsubishi Motors...

PH govt remains on top of energy emergency; assures citizenry of measures to ensure adequate fuel supply

By Dean Aubrey Caratiquet With the Middle East crisis continuing to cripple global trade and drive up fuel prices in countries that greatly rely on...

Palace: No holiday break for PBBM, key agencies during Holy Week

By Ruth Abbey Gita-Carlos | Philippine News Agency There will be no holiday break for President Ferdinand R. Marcos Jr. and key government agencies during...