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

Luzon, Visayas grids remain under red, yellow alerts this May 15

By Brian Campued Power interruptions are still likely over parts of Luzon and Visayas this Friday as both power grids remain under red and yellow...

PBBM brings ‘Bawat Bayan Makikinabang’ program in Pampanga

By Brian Campued As part of the administration’s efforts to strengthen local government units (LGUs) and extend assistance to the grassroots, President Ferdinand R. Marcos...

New Pampanga hospital to boost health care services in Central Luzon

By Brian Campued As part of government efforts to strengthen the public health care system and bring medical services closer to Filipinos, President Ferdinand R....

PNP, NBI vow thorough probe following Senate unrest over Bato’s possible arrest

By Brian Campued Following the chaos that ensued in the Senate complex, including reports of gunfire, on Wednesday night, the country’s leading law enforcement agencies...