PSEi finishes week down but peso keeps footing
MANILA -The Philippine Stock Exchange index (PSEi) ended Friday in the red partly on rebalancing in the local bourse while the peso finished sideways against the US dollar. The main equities index shed 0.64 percent, or 44.44 points, to 6,906.86 points. All Shares went down by 0.37 percent, or 16.33 points, to 4,338.52 points. Most of the sectoral counters also finished the week on the red and these are Services, 1.82 percent; Holding Firms, 1.06 percent; Property, 0.18 percent; and Industrial, 0.10 percent. On the other hand, Financials rose by 1.60 percent and Mining and Oil by 1.30 percent. ...
Source: philippinetimes.com