PSE index, peso end lower

May 27, 2019

The Philippine stock index and the peso closed lower on Monday.

The peso settled at P52.22 against the US dollar, six centavos lower than Friday. Volume at the foreign exchange portal of the Bankers Association of the Philippines reached $633.31 million from Friday's $846.86 million.

The Philippine Stock Exchange ( PSE) index finished at 7,725.01 points, down 22.08. In the broader market, there were 99 decliners, 83 gainers while 56 shares were unchanged.

Volume reached 706.2 million shares worth P5.5 billion from Friday's 2.9 billion shares valued at P7.4 billion.

Most active shares were led by Ayala Land, up 40 centavos to P48.10; SM Prime, down 40 centavos to P 38.40 and Metrobank, down 20 centavos to P71.80. DMS