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Page 20 - ரெஜினா மூலதனம் வளர்ச்சி நிறுவனம் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Stocks jump on bargain hunting

Published April 28, 2021, 5:15 PM Local share prices rose Wednesday, (April 28)  on bargain hunting and window-dressing. The (Philippine Stock Exchange index (PSEi) jumped 112.67 points, or 1.77 percent, to close at 6,469.14 as the Holding Firms and Property counters led gains across the board. (Photo credit: https://www.pse.com.ph) Volume improved but remained low at 2.91 billion shares worth P5.31 billion as gainers beat losers 111 to 70 with 65 unchanged. “Investors in Philippine shares began early window dressing as investors start to buy ahead of more corporate earnings releases, while other are keeping positive with the proposal for flexible MECQ,” said Regina Capital Development Corporation Managing Director Luis Limlingan.

Stocks drop amid calls to extend MECQ

Published April 27, 2021, 5:10 PM Local stocks weakened yesterday amid indication that current lockdown measures will not be eased at the end of the month as COVID cases remain high. The Philippine Stock Exchange index (PSEi) dropped 32.92 points or 0.52 percent to close at 6,356.47 with only the Mining and Oil counter advancing. (Photo credit: https://www.pse.com.ph) Volume declined further to 1.88 billion shares worth P4.61 billion as losers beat gainers 119 to 83 with 51 steady. “The local bourse declined amid the growing calls to extend the Modified Enhanced Community Quarantine in the National Capital Region Plus,” said Philstocks Financial Senior Analyst Japhet Tantiangco.

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