The Daily Manila Shimbun

 

PSE index loses steam in homestretch

February 15, 2019



The Philippine Stock Exchange (PSE) index declined in the last hour of trading on Friday.

The PSE index ended at 7,908.89, down 82.36 points. In the broader market, there were 127 decliners, 82 gainers while 46 shares were unchanged.

Volume reached 2.8 billion shares worth P16.4 billion from Thursday's 3.79 billion shares valued at P5.11 billion.

Most traded shares were led by Bloomberry, up 7.62 percent to P13; BDO,  down 4.98 percent to P133.60 and Ayala Corp., up 3.78 percent to P961.

The peso closed at P52.43 against the US dollar, five centavos lower from Thursday. Volume at the foreign exchange portal of the Bankers Association of the Philippines amounted to $756.9 million from the previous day's $1.097 billion. DMS
The PSE index ended at 7,908.89, down 82.36 points. In the broader market, there were 127 decliners, 82 gainers while 46 shares were unchanged.

Volume reached 2.8 billion shares worth P16.4 billion from Thursday's 3.79 billion shares valued at P5.11 billion.

Most traded shares were led by Bloomberry, up 7.62 percent to P13; BDO,  down 4.98 percent to P133.60 and Ayala Corp., up 3.78 percent to P961.

The peso closed at P52.43 against the US dollar, five centavos lower from Thursday. Volume at the foreign exchange portal of the Bankers Association of the Philippines amounted to $756.9 million from the previous day's $1.097 billion. DMS