Stocks surge, peso weakens
February 16, 2017
Stocks surged on Thursday after declining for two sessions as the main index finished 1.52 percent higher.
The Philippine Stock Exchange index closed 108.95 points higher to 7,283.25 as financials, holding firms and services shares led the way.
Advances led decliners 113-75, with 48 issues unchanged.
Volume reached 2.29 billion shares valued at P7.59 billion from Wednesday’s P2.57 billion worth P7.96 billion. Foreign buying was at P4.72 billion while foreign selling reached P4.21 billion.
The peso weakened to P49.97 from Wednesday’s P49.92 at the Philippine Dealing System. Volume rose to $376.50 million from $319.50 million. DMS
Latest Videos
- GEORGE SOROS BLASTED THE U S FOR SUPPORTING ISRAEL ON NOT WORKING WITH HAMAS
- WIKILEAKS REVELATIONS SHOW U S ‘IGNORED’ TORTURE FROM THE WAR IN IRAQ
- THE ROOTS OF THE ISRAEL PALESTINE CONFLICT
- TUCKER CARLSON QUESTIONS U.S SUPPORT FOR ISRAEL WAR
- RFK Jr TO RUN FOR PRESIDENT AS INDEPENDENT, DECLARING INDEPENDENCE FROM THE TWO POLITICAL PARTIES
- JAPANESE VIROLOGIST SAYS OMICRON MAY HAVE BEEN MANUFACTURED
- JAPANESE VIEW & FILIPINO BEAUTY
