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PH stocks index slips; peso ends sideways vs. US dollar - Vimarsana News

PH stocks index slips; peso ends sideways vs. US dollar

MANILA - The Philippines' main equities index ended the week on the red due to correction after days of rally but the peso kept its footing against the greenback. The Philippine Stock Exchange index (PSEi) lost 0.30 percent, or 22.11 points, to 7,289.61 points. All Shares followed with a decline of 0.27 percent, or 12.22 points, to 4,462.70 points. Most of the sectoral indexes also went down during the day and these are the Industrial, 1.16 percent; Mining and Oil, 0.95 percent; Property, 0.42 percent; and Holding Firms, 0.40 percent. On the other hand, Financials rose by 0.63 percent and ...