PSE index ends lower, but remains at 8,000-point level

February 12, 2019

The Philippine Stock Exchange (PSE) index ended lower on Tuesday, but it remained at the 8,000-point level

The PSE index closed at 8,009.92 points, down 51.62 percent. In the broader market, there were 124 decliners, 86 gainers while 46 shares were unchanged.

Volume reached 2.74 billion shares worth P7.2 billion from Monday's 3.37 billion shares valued at P6 billion.

Most active shares were led by ICTSI, up 1.92 percent to P116.90; Asiabest Group, up 9.35 percent to P26.90 and Bloomberry, down 0.33 percent to P11.96.

The peso closed at P52.11 against the US dollar, down four centavos from Monday. Volume at the foreign exchange portal of the Bankers Association of the Philippines reached $1.139 billion from Monday's $1.232 billion. DMS