The Daily Manila Shimbun

 

Stock index down, peso at P52.505:$1

April 1, 2019



Philippine stocks declined but the peso remained steady on Monday.

The peso closed at P 52.505 against the US dollar from Friday. Volume at the foreign exchange portal of the Bankers Association of the Philippines amounted to $801.53 million from the previous session's $901.77 million.

The Philippine Stock Exchange index finished 80.32 points to 7,840.31. In the broad market, there were 120 decliners, 65 gainers and 55 unchanged.

Volume reached 684.65 million shares worth P5.53 billion from Friday's 1.7 billion shares valued at P6.7 billion.

Most traded shares were led by Ayala Land, up 0.22 percent to P45; BDO, down 2.84 percent to P130 and Metrobank, down 3.25 percent to P77.30. DMS