Local Index Declines as Peso Remains Steady Ahead of Holy Week Break
Manila: The local index’s five-day rally comes to an end, while the peso closed flat on Wednesday, the last trading day before the long Holy Week break. The Philippine Stock Exchange index (PSEi) fell 0.83 percent to 6,134.62, while All Shares increased by 0.28 percent to 3,656.99 points. According to Philippines News Agency, sectoral indices were mixed. Mining and Oil saw a rise of 0.71 percent, and Industrial increased by 0.17 percent. However, there were declines in several sectors, with Services down by 1.86 percent, Holding Firms down by 1.41 percent, Property down by 0.26 percent, and Financials down by