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

Stocks slip, peso almost unchanged

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

The local main equities index shed yesterday partly on inflation concerns in the US while the peso remained firm against the greenback.

The Philippine Stock Exchange index lost 0.62 percent, or 38.84 points, to 6,244.74 points.

All Shares dipped by 0.36 percent, or 14.02 points, to 3,847.39 points.

Most of the sectoral gauges also finished the day in the negative territory, led by the Property after it fell by 1.34 percent.

Services rose by 1.60 percent and Mining and Oil, 0.97 percent.

Meanwhile, the local currency ended the day sideways against the US dollar at 47.805 from 47.855 a day ago.

Total volume reached USD925.2 million, higher than the USD567.19 million on Monday.*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.