The local equities opened higher and immediately reached its day's high as the rise in WallStreet last Friday boosted sentiment. But the Philippine Stock Exchange Index (PSEi) soon fell to a correction after it's strong advances late last week. After briefly touching the negative territory in the mid-session, the market ended with slight gains.
PSEi previous close - 1942.48 (February 06)
open: 1945.98 (+3.50)
high: 1961.87 (+19.09)
low: 1942.01 (-0.47)
close: 1951.46 (+8.98 or +0.46%)
Value turnover: PhP 1.488 bn
Cross transactions: PhP 570 mn
Block Sale: 5,000,000 shs MER @ PhP 72.50 = PhP 362.5 mn
Advancers 38
Decliners 34
Unchanged 40
Sectoral Indices:
M-O +1.85%
Industrial +0.66%
Financial +0.59%
Property +0.56%
Holdings +0.37%
Services -0.08%
The Day's Top Gainers:
SGI: PhP 0.45; +18.42%
ALHI: PhP 6.10; +17.31%
DFNN: PhP 4.00; +15.94%
The Day's Biggest Decliners:
ALCO: PhP 0.11; -15.38%
WPI: PhP 0.185; -11.90%
FPI: PhP 0.090; -10.00%
At mid-day:
Asian equites markets were mixed.
The Philippine Peso was at PhP 47.071 vs US$ 1.00.
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