The Daily Manila Shimbun

 

Stocks up in October’s first trading day

October 2, 2017



Stocks surged in the first trading day of October as the Philippine Stock Exchange Index closed 1.04 percent higher on Monday.

The index finished at 8,256.28 points, or 84.85 points up from Friday.

In the broader market, there were 107 gainers, 98 decliners and 52 unchanged.

Volume reached 1.4 billion shares worth P7.41 billion. But foreigners were net sellers, purchasing P4.09 billion  compared to selling of P4.36 billion.

Among most active issues were Alliance Global, up 2.24 percent to P16.40. GT Capital, up 3.88 percent to P1206 and SM Investment Corp. up 1.59 percent to P897.

The peso ended at P51.08 against the US dollar from Friday. Volume at the Philippine Dealing System reached $888 million from $740.30 million. DMS