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PSEi gains, peso unchanged

*PNA photo

Risk-on sentiments ahead of the Federal Reserve meeting this week partly boosted the local stock barometer while the peso closed almost unchanged against the US dollar at 48.51 yesterday.

The Philippine Stock Exchange index (PSEi) rose for the second consecutive day after an uptick of 0.49 percent, or 29.18 points, to 5,997.14 points.

All Shares also increased after it jumped by 0.37 percent, or 13.30 points, to 3,590.68 points.

Half of the sectoral indices also finished the day with gains, led by Property, which rose by 2.13 percent; Mining and Oil, 1.25 percent; and Holding Firms, 0.63 percent.

Industrial fell by 0.46 percent; Financials by 0.42 percent; and Services by 0.27 percent.

Volume totaled to 1.13 billion shares amounting to P4.7 billion.

Gainers led losers at 110 to 99, while 37 shares were unchanged.*PNA

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