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MANILA - Risk-on sentiment buoyed by the earning season lifted anew the Philippine Stock Exchange index (PSEi) on Wednesday but the peso depreciated against the greenback. The main equities index rose by 1.11 percent, or 78.71 points, to 7,184.72 points. All Shares followed with a jump of 0.71 percent, or 31.05 points, to 4,433.09 points. Most of the sectoral indexes also rose during the day with the Property rising by 3.26 percent; Financials, 1.77 percent; Industrial, 0.63 percent; Holding Firms, 0.19 percent; and Services, 0.13 percent. Only the Mining and Oil finished the day in the negative territory after it slipped by 0.34 percent. Volume totaled 2.33 billion shares amounting to PHP7.52 billion. Advancers surpassed decliners at 104 to 99, while 46 shares were unchanged. Luis Limlingan, Regina Capital Development Corporation head of sales, attributed the rally in the local bourse to the earnings season as well as the initial public offering (IPO) of the supermarket chain AllDay M

Luis limlinganAllday marts incHolding firmsRegina capital development corporationMarket committeeFederal reservePhilippine stock exchangeAllday martsDay martsOpen market committeeManila risk on sentiment buoyed by the earning season lifted anew philippine stock exchange index psei wednesday but peso depreciated against greenback main equities rose 1 11 percentR 78 71 pointsO 7184 72 points all shares followed witha jump of 0 71 percentR 31 05 pointsMo 4