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R 13 06 Points News Today : Breaking News, Live Updates & Top Stories | Vimarsana

PH stocks index up, peso ends flat vs US dollar

RESILIENT. The Philippines' main stock index ended up Monday amidst the trading holiday in Asian markets due to the Chinese New Year. The peso also kept its footing and ended flat against the US dollar partly due to dovish statements from Philippine and US monetary authorities as well as the rise of the Philippine Stock Exchange index (PSEi). (PNA file photo) MANILA - The local bourse managed to end higher in the week's first trading day amidst the suspension of trading in Asia due to the Chinese New Year, while the peso kept its footing against the US dollar. The Philippine Stock Exchange index (PSEi) rose by 0.19 percent, or 13.06 points, to 7,069.68 points. All Shares followed with a jump of 0.23 percent, or 8.39 points, to 3,691.25 points. Half of the sectoral indices also gained during the day, namely Holding Firms, 0.63 percent; Financials, 0.24 percent; and Services, 0.22 percent. On the other hand, Mining and Oil shed by 0.80 percent; Industrial, 0.35 percent; and Prope

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