Local Index and Peso See Modest Gains Following Previous Decline
Manila: Both the local shares and currency gained Tuesday after a slip in the previous day’s trading. The Philippine Stock Exchange index (PSEi) inched up by 0.04 percent to 6,252.19, and the broader All Shares improved by 0.14 percent to 3,686.23 level. According to Philippines News Agency, sectoral indices were mixed with Industrial, Financials, and Mining and Oil gaining 1.77 percent, 1.34 percent, and 0.85 percent, respectively. On the other hand, Services, Property, and Holding Firms declined by 1.65 percent, 1.42 percent, and 0.10 percent, respectively. Advancers led decliners at 92 to 77, with 66 counters left unchanged. Regina Capital