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PH stocks index up, peso ends flat vs. US dollar

RESILIENT. The Philippines' main stock index ended up Monday amidst the trading holiday in Asian markets due to the Chinese New Year. The peso also kept its footing and ended flat against the US dollar partly due to dovish statements from Philippine and US monetary authorities as well as the rise of the Philippine Stock Exchange index (PSEi). (PNA file photo) MANILA - The local bourse managed to end higher in the week's first trading day amidst the suspension of trading in Asia due to the Chinese New Year, while the peso kept its footing against the US dollar. The Philippine Stock Exchange index (PSEi) rose by 0.19 percent, or 13.06 points, to 7,069.68 points. All Shares followed with a jump of 0.23 percent, or 8.39 points, to 3,691.25 points. Half of the sectoral indices also gained during the day, namely Holding Firms, 0.63 percent; Financials, 0.24 percent; and Services, 0.22 percent. On the other hand, Mining and Oil shed by 0.80 percent; Industrial, 0.35 percent; and Prope ....

San Carlos , Negros Occidental , Michael Ricafort , Bangko Sentral , Luis Limlingan , Rizal Commercial Banking Corporation , Holding Firms , Regina Capital Development Corporation , Federal Reserve , Philippine Stock Exchange , Chinese New Year , Chinese New , Commercial Banking Corporation , Resilient The Philippines 39 Main Stock Index Ended Up Monday Amidst Trading Holiday In Asian Markets Due To Chinese New Year Peso Also Kept Its Footing And Flat Against Us Dollar Partly Dovish Statements From Philippine Monetary Authorities As Well Rise Of Exchange Psei Pna File Photo Manila Local Bourse Managed End Higher Week 39s First Day Suspension Asia , Hile The Peso Kept Its Footing Against Us Dollar Philippine Stock Exchange Index Psei Rose By 0 19 Percent , R 13 06 Points , O 7 , 069 68 Points All Shares Followed Witha Jump Of 0 23 Percent , R 8 39 Points , O 3 , 691 25 Points Half Of The Sectoral Indices Also Gained During Day , Amely Holding Firms , Ining And Oil Shed By 0 80 Percent Industrial , Nd With The Big Economic Releases Happening Later , Uot Said Luis Limlingan , Egina Capital Development Corporation Rcdc Head Of Sales ,

Stocks index recovers as peso trades sideways

MANILA - The main stocks index rebounded on Tuesday on news about a possible ceasefire in the Russia-Ukraine conflict while the peso continued its sideways close against the US dollar. The Philippine Stock Exchange index (PSEi) rose by 0.93 percent, or 68.66 points, to 7,440.91 points. All Shares followed with a jump of 0.56 percent, or 21.85 points, to 3,938.51 points. Most of the sectoral indices also gained during the day, namely Holding Firms, 1.91 percent; Mining and Oil, 1.86 percent; Services, 1.14 percent; and Industrial, 0.45 percent. On the other hand, Property declined by 0.22 percent and Financials by 0.10 percent. Volume reached 3.13 billion shares amounting to PHP12.85 billion. Decliners surpassed advancers at 98 to 94, while 54 shares were unchanged. "Philippine investors took bets on the back of news reports of the short-lived strong possibilities of a summit for a ceasefire and with (the) US market still on holiday," said Luis Limlingan, Regina Capital Develo ....

Luhans Ka Oblast , Vladimir Putin , Luis Limlingan , Holding Firms , Regina Capital Development Corporation , Philippine Stock Exchange , Russian President Vladimir Putin , Eastern Ukraine , Manila The Main Stocks Index Rebounded On Tuesday News Abouta Possible Ceasefire In Russia Ukraine Conflict While Peso Continued Its Sideways Close Against Us Dollar Philippine Stock Exchange Psei Rose By 0 93 Percent , R 68 66 Points , O 7 , 440 91 Points All Shares Followed Witha Jump Of 0 56 Percent , R 21 85 Points , O 3 , 938 51 Points Most Of The Sectoral Indices Also Gained During Day , Amely Holding Firms , Roperty Declined By 0 22 Percent And Financials 10 Volume Reached 3 13 Billion Shares Amounting To Php12 85 Decliners Surpassed Advancers At 98 94 , Hile 54 Shares Were Unchanged Quot Philippine Investors Took Bets On The Back Of News Reports Short Lived Strong Possibilities Ofa Summit Fora Ceasefire And With Us Market Still Holiday , Uot Said Luis Limlingan , Egina Capital Development Corporation Rcdc Head Of Sales Reports Said Russian President Vladimir Putin Has Ordered Soldiers To Quot Maintain Peace In Two Breakaway Regions Eastern Ukraine After Recognizing Donetsk And Luhansk As Independent Entities While Investors Remain Cautious Because The Geopolitical Issues Overseas , He Philippine Peso Continues To Keep Its Footing Against The Greenback And Closed Day 39s Trade At 51 45 From Previous 38 Finish It Opened 4 Traded Between 48 Average Level Stood 445 Volume Rose Usd782 Million Usd713 5 Pna ,