PSE index ends five-day decline

March 7, 2018

The Philippine Stock Exchange index ended a five-day decline as it ended 44.47 percent higher to 8,404.19 on Wednesday.

In the broader market, there were 113 decliners, 100 gainers and 48 shares unchanged.

Volume reached 2.42 billion worth P8.63 billion from Tuesday's 4.5 billion shares valued at P8.6 billion.

Most traded shares were led by Ayala Land, up 0.61 percent to P41.45; Now Corp., up 17.96 percent to P15.04; MRC Allied, down 3.9 percent to 74 centavos and SM Investment Corp., up 0.95 percent to P958.

The peso closed at P51.98 against the US dollar from Tuesday's P52. Volume at the Philippine Dealing System reached $692.25 million from $808 million. DMS