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MANILA -The Philippine Stock Exchange index (PSEi) closed the week in the green while the peso slightly gained on Friday. The PSEi continued to recover its losses after a volatile trading since news of the Omicron variant emerged in late November. The local stock market increased by 22.65 points, or 0.32 percent, to 7,055.9, with All Shares rising 17.70 points, or 0.47 percent, to 3,790.20. Half of the counters gained including Property, up by 72.66 points to 3,216.71; Financials, up by 20.51 points to 1,558.49; and Services, up by 8.42 points to 1,938.52. Losers were led by Mining and Oil, down by 106.80 points to 9,362.03; Industrial, down by 54.87 points to 10,307.05; and Holding Firms, down by 45.80 points to 6,796.39. "A broad rally on Wall Street pushed stocks sentiment across the region in the green including the Philippines, as the PSEi market continued (to) recoup some of its losses after several days of volatile trading," Regina Capital Development Corp. managing di ....

Luis Limlingan , Regina Capital Development Corp , Holding Firms , Philippine Stock Exchange , All Shares , Wall Street , Capital Development , Manila The Philippine Stock Exchange Index Psei Closed Week In Green While Peso Slightly Gained On Friday Continued To Recover Its Losses Aftera Volatile Trading Since News Of Omicron Variant Emerged Late November Local Market Increased By 22 65 Points , R 0 32 Percent , O 7 , 055 9 , Ith All Shares Rising 17 70 Points , R 0 47 Percent , O 3 , 790 20 Half Of The Counters Gained Including Property , P By 72 66 Points To 3 , 216 71 Financials , P By 20 51 Points To 1 , 558 49 And Services , P By 8 42 Points To 1 , 938 52 Losers Were Led By Mining And Oil , Own By 106 80 Points To 9 , 362 03 Industrial , Own By 54 87 Points To 10 , 307 05 And Holding Firms , Own By 45 80 Points To 6 ,