PSE, peso end lower

January 8, 2020

The main Philippine share index closed lower on Wednesday.

The peso closed at P50.956 against the US dollar from Tuesday's P50.76. Volume at the foreign exchange portal at the Bankers Association of the Philippines reached $1.953 billion from the previous day's $1.627 billion.  

The Philippine Stock Exchange (PSE) index ended at 7,736.34, down 104.46.In the broader market, there were 126 losers, 60 gainers and 52 unchanged.

Volume reached 1.76 billion shares worth P5.17 billion from Tuesday's 2.19 billion shares valued at P6.49 billion.

Most active shares were led by Ayala Land, down 15 centavos to P44.05; BDO, down P3.00 to P152; Manila Water, down 66 centavos to P10.12 and Metro Pacific, down six centavos to P3.55. DMS