Latest Breaking News On - Manilaa wait and see stance on the release of united states 39 september 2021 consumer price index cpi earnings report major us listed firms dragged local main equities wednesday but peso gained against greenback philippine stock exchange psei turned negative towards end session after it fell 0 55 percent - Page 1 : comparemela.com
MANILA - A wait-and-see stance on the release of the United States' September 2021 consumer price index (CPI) and earnings report of major US-listed firms dragged the local main equities index on Wednesday but the peso gained against the greenback. The Philippine Stock Exchange index (PSEi) turned negative towards the end of the session after it fell 0.55 percent, or 38.9 points, to 7,068.92 points. All Shares followed with a decline of 0.38 percent, or 16.81 points, to 4,403.26 points. Half of the sectoral counters tracked the main gauge, namely the Industrial, 1.80 percent; Holding Firms, 0.94 percent; and Services, 0.76 percent. On the other hand, Mining and Oil rose by 2.55 percent, Financials by 1.29 percent, and Property by 0.56 percent. Volume totaled 1.33 billion shares amounting to PHP11.93 billion. Losers led gainers at 111 to 89, while 48 shares were unchanged. Luis Limlingan, Regina Capital Development Corporation head of sales, said aside from the CPI and earnings repo