PSEi finishes with gains; peso down vs. USD

October 6, 2017: PSEi closed at 8,310.88 up 16.87 points or 0.20 percent. | via Philippine Stock Exchange index

MANILA – – The Philippine Stock Exchange index (PSEi) finished the week with gains unlike the peso, which pulled back against the dollar ahead of the September 2017 jobs report from the US later in the day.

PSEi gained 0.20 percent, or 16.87 points, to 8,310.88 points a day after it contracted anew. This week, the main index was on see-saw.

The broader All Shares tracked the main index after it rose 0.10 percent, or 4.79 points, to 4,889.44 points.

It was a mix for the sectors with Mining and Oil and Holding Firms up by 2.62 percent and 0.99 percent, respectively.

On the other hand, Property fell 0.72 percent followed by Industrial, 0.51 percent; Financial, 0.24 percent; and Services, 0.16 percent.

Volume reached 1.21 billion shares amounting to PHP7.37 billion.

Gainers led losers at 99 to 96 while 49 shares were unchanged.

On the other hand, the local currency ended the week at 51.15 from 51.01 a day ago.

It opened the day at 51.10 from 51.07 a day ago.

It traded between 51.17 and 51.07, bringing the day’s average to 51.118.

Volume reached USD498.8 million, down from the USD794.7 million Thursday. (PNA)

Popular

PBBM modernizes outdated gov’t data classification framework

By Brian Campued Underscoring the need to modernize the government’s decades-old classification system, President Ferdinand R. Marcos Jr. has issued Executive Order (EO) No. 119,...

Impeachment Trial Day 6: Prosecution, defense argue over subpoena for VP Sara’s bank, tax records

By Dean Aubrey Caratiquet and Brian Campued On Tuesday, July 14, the defense team of Vice President Sara Duterte continued its cross-examination of National Bureau...

PBBM leaves for Singapore to boost trade, ASEAN ties

By Darryl John Esguerra | Philippine News Agency President Ferdinand R. Marcos Jr. left for Singapore on Tuesday for a two-day working visit aimed at...

Impeachment Trial Day 5: Prosecution’s witness Lotoc doubles down on the context behind VP Sara’s utterances

By Dean Aubrey Caratiquet and Brian Campued On Monday, July 13, the House prosecution panel presented its second witness, National Bureau of Investigation (NBI) BARMM...