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PSEi, peso up on slower inflation, NCR's shift to Alert Level 2

MANILA -The Philippines' main stocks gauge ended the week up and this was mirrored by the local currency after the slower domestic inflation rate in October and the further easing of the quarantine classification in the National Capital Region (NCR). The Philippine Stock Exchange index (PSEi) gained 1.90 percent, or 137.05 points, to 7,340.77 points. All Shares followed with a jump of 1.21 percent, or 53.84 points, to 4,491.01 points. All the sectoral indexes also rose during the day: Property, by 3.30 percent; Services, 2.53 percent; Financials, 1.33 percent; Holding Firms, 1.29 percent; Industrial, 0.48 percent; and Mining and Oil, 0.42 percent. Volume totaled 1.4 billion shares amounting to PHP9.42 billion. Advancers led decliners at 137 to 67 while 44 shares were unchanged. Rizal Commercial Banking Corp. (RCBC) chief economist Michael Ricafort, in a reply to e-mailed questions from the Philippine News Agency (PNA), said the easing of Metro Manila's quarantine classification

Rizal
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Negros-occidental
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Manila
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Metro-manila
Philippines-general
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Michael-ricafort
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