PSEi closes up 0.43%
newsare.net
The benchmark Philippine Stock Exchange index rose yesterday as investors focused on quarterly earnings results. The PSEi ended the session up 0.43 percent, or 29.51 points, to 6,952.59 while the broader all-shares index also gained 0.3 percent,PSEi closes up 0.43%
The benchmark Philippine Stock Exchange index rose yesterday as investors focused on quarterly earnings results. The PSEi ended the session up 0.43 percent, or 29.51 points, to 6,952.59 while the broader all-shares index also gained 0.3 percent, or 12.6 points, to 4,254.87. The gain came as conglomerates such as Ayala Corp., Alliance Global Group Inc. and GT Capital Holdings reported flat to higher profits. While the index was higher, companies on a subsector basis showed a mixed bag. Financials and industrial posted gains of 2.56 percent and 0.63 percent, respectively. However, holding firms sank 0.38 percent, mining and oil dropped 0.32 percent an...Keep on reading: PSEi closes up 0.43% Read more