Share on facebook
Facebook
Share on twitter
Twitter
Share on email
Email

Stocks gauge, peso slip on Covid surge

Share on facebook
Facebook
Share on twitter
Twitter
Share on email
Email

The Philippine Stock Exchange index declined anew on rising Covid-19 cases around the world while the peso was not spared.

The main equities index shed 0.94 percent, or 61.03 points, to 6,439.39 points.

It was followed by most counters, with the All Shares down by 0.61 percent, or 24.49 points, to 3,964.34 points.

Property index registered the highest decline among the sectoral gauges after fell by 2.10 percent and was trailed by the Holding Firms, 1.02 percent; Mining and Oil, 0.75 percent; Financials, 0.63 percent; and Industrial, 0.16 percent.

Only the Services index gained during the day after it rose by 0.85 percent.

Volume totaled 3.5 billion shares, amounting to P5.37 billion.

Gainers led losers at 108 to 92, while 52 shares were unchanged.

The peso, meanwhile, ended the day at 48.45 from 48.32 a day ago.

It opened the day flat at 48.33 and traded between 48.455 and 48.33.

Average level for the day stood at 48.388.

Volume reached USD797.4 million, higher than the previous session’s USD684.6 million.*PNA

ARCHIVES

Read Article by date

April 2024
MTWTFSS
1234567
891011121314
15161718192021
22232425262728
2930 

Get your copy of the Visayan Daily Star everyday!

Avail of the FREE 30-day trial.