PSE Index declines, peso gains vs US dollar

July 12, 2019

The main stock index ended lower but the peso gained against the US dollar on Friday.

The peso finished at P51.13, up six centavos from Thursday. Volume at the foreign exchange portal of the Bankers Association of the Philippines reached $910.96 million from the previous day's $883.31 million/

The Philippine Stock Exchange (PSE) Index closed at 8,141.82 points, down 12.67. In the broader market, there were 108 gainers, 82 losers and 52 shares unchanged.

Volume reached 3.39 billion shares worth P6.86 billion from Thursday's 1.27 billion shares valued at P6.09 billion.

Most traded shares were led by Ayala Land, unchanged at P53; BPI, up 85 centavos to P81.05 and BDO, up p3.20 to P 148.20. DMS