popular .
videos
MANILA, Philippines — The local stock barometer firmed up for the second session in a row to retest the 7,300 level even as most regional markets declined alongside the slump in oil prices.
The Philippine Stock Exchange index gained 37.35 points or 0.51 percent to close at 7,331.73.
The property counter, which rose by 1.1 percent, led the day’s gains, making up for the slump in the mining/oil counter (-1.91 percent).
The holding firm and services counters also contributed gains while the financial and industrial sub indices closed in negative territory.
Value turnover for the day amounted to P7.05 billion. There were nearly twice as many decliners (118) as there were advancers (62) while 41 stocks were unchanged.
ALI (+2.65 percent) led the property counter. It was reported that the property firm had expressed interest in challenging SM Prime’s reclamation project with the city of ParaƱaque.
Gokongwei-led stocks URC (+0.36 percent) and JG Summit (+3 percent) also helped the PSEi’s rise.
PLDT, First Gem, AP and AGI also contributed to the day’s gains.
On the other hand, the day’s gains were tempered by the decline of Petron (-3.42 percent) and GTCAP (-2.31 percent) while shares of SM Prime, AC, BDO, EDC and Metrobank also declined.
Meanwhile, PSPC was flat on listing date.
Related Stories:
- Australia investigates ‘paedophile’ father in Thai baby scandal
- Bangladesh ferry owner faces charges in sinking
- Bangladesh ferry owner faces charges in sinking
- Bangladesh ferry owner faces charges in sinking
- Bangladesh ferry owner faces charges in sinking
- Bangladesh ferry owner faces charges in sinking
- Bangladesh ferry owner faces charges in sinking
- Bangladesh ferry owner faces charges in sinking
Complete stories on our Digital Edition newsstand for tablets, netbooks and mobile phones; 14-issue free trial. About to step out? Get breaking alerts on your mobile.phone. Text ON INQ BREAKING to 4467, for Globe, Smart and Sun subscribers in the Philippines.
Disclaimer: The comments uploaded on this site do not necessarily represent or reflect the views of management and owner of INQUIRER.net. We reserve the right to exclude comments that we deem to be inconsistent with our editorial standards.
To subscribe to the Philippine Daily Inquirer newspaper in the Philippines, call +63 2 896-6000 for Metro Manila and Metro Cebu or email your subscription request here.
Factual errors? Contact the Philippine Daily Inquirer's day desk. Believe this article violates journalistic ethics? Contact the Inquirer's Reader's Advocate. Or write The Readers' Advocate:
c/o Philippine Daily Inquirer Chino Roces Avenue corner Yague and Mascardo Streets, Makati City,Metro Manila, Philippines Or fax nos. +63 2 8974793 to 94
seo tools
No comments:
Post a Comment