Stocks finish higher

September 11, 2017

Stocks ended higher on Monday, as the Philippine Stock Exchange Index gained 26.56 points to 8,049.31 despite net foreign selling.

In the broader market, there were 110 gainers, 87 decliners and 50 unchanged.

Volume  reached 899.17 million shares worth P6.1 billion. Foreigners sold P3.43 billion worth of stocks while buying P3.19 billion.

Most active shares were led by Banco de Oro, up 0.23 percent to P128, Chelsea Logistics, up 2.08 percent to P10.78 and Robinson's Land Corp., 2.36 percent yo P23.90.

The peso closed at P50.905 against the US dollar from P50.87 on Friday. Volume at the Philippine Dealing System reached $436 million from $1.19 billion. DMS