Stocks gauge down, peso firm vs dollar visayandailystar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from visayandailystar.com Daily Mail and Mail on Sunday newspapers.
PSE file photo
The PSEi gained 16.75 points or 0.26 percent to close at 6,539.96 with only the Industrial and Holding Firms counters in the red.
Volume declined further to 4.3 billion shares worth P5.4 billion as advancers edged out losers 103 to 100 with 46 unchanged.
“Philippine shares closed higher once again after the U.S. Fed’s Beige Book showed an uptick in growth and inflation in the U.S. economy,” said Regina Capital Development Corporation Managing Director Luis Limlingan.
Philstocks Financial Senior Analyst Japhet Tantiangco said “The local bourse managed to close in the green on the back of a last minute bargain hunting.”
Stocks recover visayandailystar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from visayandailystar.com Daily Mail and Mail on Sunday newspapers.
SunStar
+ April 14, 2021 THE local stock barometer recovered Wednesday, April 14, 2021, after a three-day slide, but the peso continued with its sideways close against the US dollar.
The Philippine Stock Exchange index (PSEi) inched up by 1.01 percent, or 65.42 points, to 6,523.21 points.
This was trailed by all other counters, with the All Shares up by 0.78 percent, or 30.81 points, to 3,984.62 points.
The Financials index led the sectoral gauges after it increased by 1.81 percent, and was followed by the Holding Firms, 1.17 percent; Property, 0.69 percent; Services, 0.54 percent; Industrial, 0.41 percent; and Mining and Oil, 0.27 percent.
Volume totaled 1.73 billion shares amounting to P4.7 billion.
Gainers led losers at 111 to 81, while 55 shares were unchanged.
Stocks bounce on bargain hunting mb.com.ph - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mb.com.ph Daily Mail and Mail on Sunday newspapers.