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PSEi slips, peso weakest in more than 3 years - Vimarsana News

PSEi slips, peso weakest in more than 3 years

MANILA - The Philippine Stock Exchange index (PSEi) slipped by 0.38 percent during Friday's trading, while the peso was at its weakest since March 2019. The PSEi ended this week's trading at 6,686.83, declining by 25.38 points. All shares also went down by 0.22 percent or 7.99 points to 3,581.91. Two sectors likewise registered decrements during this day's trading - Financials was down by 1.92 percent or 31.39 points to 1,602.19, and Industrial, by 0.81 percent or 74.25 points to 9,139.53. Other counters ended in the green led by Mining and Oil, whose shares improved by 1.28 percen...

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Holding FirmsPhilippine Stock ExchangeManila The Philippine Stock Exchange Index Psei Slipped By 0 38 Percent During Friday 39s TradingHile The Peso Was At Its Weakest Since March 2019 Psei Ended This Week 39s Trading 6686 83Eclining By 25 38 Points All Shares Also Went Down 0 22 Percent Or 7 99 To 3581 91 Two Sectors Likewise Registered Decrements During This Day 39s Trading Financials Was Down By 1 92 Percent Or 31 39 Points To602 19End IndustrialY 0 81 Percent Or 74 25 Points To 9139 53 Other Counters Ended In The Green Led By Mining And OilHose Shares Improved By 1 28 Percent Or 154 61 Points To 12188 47 It Was Followed By ServicesP By 0 54 Percent Or 9 94 Points To 1860 49 Holding FirmsP By 0 16 Percent Or 10 27 Points To 6264 03 And PropertyP By 0 11 Percent Or 3 45 Points To059 11 The Volume Of Trade Reached More Than 852 Million Shares Witha Total Value Php5 06 Billion Decliners Outnumbered Gainers At 100 To 73Eaving 53 Listed Firms With Shares Unchanged MeanwhileHe Philippine Peso Further Weakened On Friday As It Closed At 52 86 To The Us Dollar Shed Php0 06 From Thursday 39s Closing Of Php52 80 Currency Pair Opened Day Trading 82Eaker Than The Previous Day 39s Kick Off At 52 47 Peso Dollar Trading Even Reached 92 And 70Ringing The Average Trading For Day To 52 82 Total Volume Climbed Usd1 13 Billion On Friday From Previous 39s 1 Local Currency Was At Its Weakest Since March 2019 When It 96 Dollar Analysts Also Forecast That Peso And Us Trade Is Heading Toward 53 Level This Year In December 2018 Last Touched Pna