comparemela.com

Latest Breaking News On - 379 17 - Page 1 : comparemela.com

PSEi down, peso sideways on Friday

(PNA file photo) MANILA - The Philippine Stock Exchange index (PSEi) shed for four straight days, closing this week's trading 2.34 percent lower. PSEi ended Friday losing 153.13 points to 6,379.17, with all shares down by 1.7 percent (59.81 points) to 3,457.40. "Philippine shares extended their losses as investors gauged the Fed's next move given the latest inflation data. Fresh PPI (producer price index) data, which measures prices at the wholesale level, jumped 11 percent year-on-year," Regina Capital Development Corporation (RCDC) head of sales Luis Limlingan said. For the past four days, the local bourse lost 380.73 points. All sectors, except for Property that grew 0.23 percent (6.65 points), reduced their shares ranging from 1.62 to 4.3 percent. The biggest loser for the day was Holding Firms, down by 263.18 points to 5,855.81. This was followed by Mining and Oil, down by 223.44 points to 10,749.61; Industrial, down by 146.88 points to 8,932.49; Financials, down

© 2025 Vimarsana

vimarsana © 2020. All Rights Reserved.