The local stock market closed mixed with the index losing ground but more stocks gained as investors wait for more cues on where to go.
The main index dropped 15.26 points or 0.21 percent to close at 7,242.85 with only the Financials and Mining & Oil counters advancing.
Volume was stea
The local stock market declined as investors continue pocketing gains following the previous day’s spike.
The main index dropped 46.68 points or 0.64 percent to close at 7,258.11 with all sectors retreating.
Volume dipped to 41.52 billion shares worth P9.74 billion as losers beat gainers 1
The local stock market posted more gains but off the day’s high after investors were quick to take profit.
The main index was up 14.91 points or 0.21 percent to close at 7,304.79 with only the Property and Mining & Oil counters in the red.
A total of 19.98 billion shares worth P11.52
The local stock market surged on the back of gains in the US following the confirmation of the victory of President-elect Joe Biden.
The main index jumped 170.27 points or 2.39 percent to close at 7,289.88 with only the Mining and Oil counter retreating.
Volume rose to 25.13 billion shares
Local share prices rose after backtracking for two days as investors started picking up cheaper stocks.
PSE file photo (Photo credit: https://www.pse.com.ph)
The PSEi regained 71.76 points or 1.92 percent to close at 7.119.61 as sub-indices were green across the board.
Volume declined to 46